Well I just bought another 2,000 shares @49 & 48.5cps consecutively because CMC markets has a Low Risk ECG rating on APX and Simply Wall Street has a current Valuation in excess of $1.40 and NAB charts has APPEN at all time lows across the board. For me, With a current SP of 48c this screams takeover or a great buying opportunity.
Now, we have the Armageddon Announcement on the 27th of February which I'm predicting he'll be telling us another great story on why Appen is such a great company compared to his childhood days running around the streets of Pakistan with his Atari. Plus, he may need some extra cash from shareholders to help maintain the running of the company over the next 12 months while interest rates are high and clarity is not.
So all up I'm expecting a pump and dump between now and then or a dump and a pump after the 27th. Either of which I'm not really that fussed with as the end result is the same but it just takes a bit more time with the latter.
Well I just bought another 2,000 shares @49 & 48.5cps...
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Last
$1.55 |
Change
0.050(3.33%) |
Mkt cap ! $345.7M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.60 | $1.46 | $32.96M | 21.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 110249 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 74197 | 4 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| APX (ASX) Chart |