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
78.0¢ |
Change
0.030(4.00%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 76.0¢ | 84.0¢ | 72.5¢ | $19.47M | 24.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17301 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.5¢ | 3000 | 1 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| APX (ASX) Chart |