I have cut my losses on Appen to offset capital gains from major winners, particularly ASX:QPM, for tax purposes.
I think the medium-term future of APX is unclear, and that sentiment is a key driver, which I don't want to fight against. If the tide ever turns (with respect to fundamental structural issues around SSL etc, investor sentiment & company financials), I may re-invest for the turnaround. Those of us who are following this closely will be well placed to do so, but that time may or may not come.
This stock was a major learning experience for me and a mistake. But, each mistake teaches you something new about yourself and the markets. I'm grateful for this experience and I'm going to become a better investor off the back of it. For those staying the course, best of luck. I will be watching the H2 CY21 update in February closely for clues as to how Appen is performing and how management expects CY22 (and beyond) to play out.
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Last
$1.10 |
Change
0.190(21.0%) |
Mkt cap ! $244.1M |
Open | High | Low | Value | Volume |
95.5¢ | $1.12 | 95.0¢ | $21.82M | 20.63M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 53102 | $1.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.10 | 12850 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 51091 | 1.090 |
1 | 963 | 1.085 |
5 | 206850 | 1.080 |
2 | 33900 | 1.070 |
2 | 130327 | 1.065 |
Price($) | Vol. | No. |
---|---|---|
1.110 | 26500 | 2 |
1.115 | 166496 | 4 |
1.120 | 40887 | 3 |
1.125 | 59498 | 4 |
1.130 | 15517 | 4 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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APX (ASX) Chart |