what a sentiment change in 3 days! market was extremely bullish and now turns to very bearish.
Cyan Investment Management’s Dean Fergie said from an outsider’s perspective, Appen had a “massive reputation issue” to resolve based on its performance over the past few years.
Hebe Chen, a market analyst at IG Markets, says: "Innodata's withdrawal of the takeover offer is pulling Appen into high uncertainty and "casting an even darker shadow over its outlook once more"
I have no doubt the merger news was kept/leaked at the planned timing and purpose, which has been fully utilized by shorters and insiders.
Retail investors were kept in the dark and cooked.
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Last
$1.00 |
Change
-0.215(17.7%) |
Mkt cap ! $223.0M |
Open | High | Low | Value | Volume |
$1.25 | $1.27 | 99.0¢ | $33.62M | 31.22M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 117991 | $1.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.01 | 69030 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 25000 | 1.000 |
4 | 23908 | 0.995 |
10 | 89154 | 0.990 |
3 | 13428 | 0.985 |
5 | 81791 | 0.980 |
Price($) | Vol. | No. |
---|---|---|
1.010 | 16001 | 1 |
1.015 | 935 | 1 |
1.020 | 10266 | 3 |
1.025 | 4030 | 2 |
1.030 | 6000 | 2 |
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