The loss of revenue is due to one customer in digital advertising and Gen A.I hasn't grown enough yet to offset that loss. I think the market is impatient and expecting miracles. Appen needs to de concentrate and diversify revenue. I don't think Appen loses many contracts tbh not when the company provides a service at scale and speed.
Jeffreries Target Price-$0.60, page-198
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Last
77.5¢ |
Change
0.025(3.33%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 76.0¢ | 79.8¢ | 73.0¢ | $5.051M | 6.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18027 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 34639 | 8 |
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| Last trade - 10.50am 01/08/2024 (20 minute delay) ? |
| APX (ASX) Chart |