Australia's largest stock trading and investment forum Australia's #1 stock forum

APX

Click for more information

9.68%

51.0¢ appen limited

“Just cut costs”Just be thankful that this clown doesn’t manage...

First 121 Last

Share
Profile

Follow
gixxerboy

2,027 Posts.

87

07/01/24

19:28

Post #: 71765132
Share

Originally posted by Calvo: ↑

You cant go into insolvency with no debt you just cut costs - it has $20m revenue per month coming in and FY24 will have $64m of costs taken out of the business.

Its biggest cost outside the crowd is ammortization from product development.

Appen doesn't need to capture 10% of the A.I market - it's going to be a $44T global market by 2030.

It doesn't need to be in data but t 100% needs to be engaged and on the A.I curve and be ready to swoop on opportunities when A.I is being commercialised.

Open A.I is opening the GPT store next week which is going to be similar to the Apple store.

Anyone will be able to create their own GPT's with Chat GPT as the API backbone and this will come in the form of revenue sharing. It will be a side hussle for many as GPT's are easy to build.

The revenue environment and opportunity will be different in 12 months and will be even more substantial by the end of 2025.

Expand

“Just cut costs”

Just be thankful that this clown doesn’t manage the business.

APX Price at posting: 57.0¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

There are more pages in this discussion • 86 more messages in this thread...

First 121 Last

Add APX (ASX) to my watchlist

(20min delay)
Last 51.0¢		Change 0.045(9.68%)		Mkt cap ! $107.0M

Open	High	Low	Value	Volume
46.5¢	52.0¢	46.5¢	$1.381M	2.806M

Buyers (Bids)

No.	Vol.	Price($)
3	80800	50.5¢

Sellers (Offers)

Price($)	Vol.	No.
51.5¢	24886	11

View Market Depth

No.	Vol.	Price($)
3	80800	0.505
7	78928	0.500
7	322686	0.495
6	189314	0.490
5	101700	0.485

Price($)	Vol.	No.
0.515	24886	11
0.520	59430	7
0.525	73361	8
0.530	131909	7
0.535	58000	2

Last trade - 13.16pm 12/07/2024 (20 minute delay)

APX (ASX) Chart