Who knows where Appen will trade in future. No one would have known when it listed at 50c it would trade at $40 five years later and no one would have guessed at $40 it would go to 30c. It will be nice if Appen management solidifies the business to something sustainable over the long term this boom bust cycles are absolutely nuts. ,,and we see one of Appens competitors Scale AI secured $1b in funding and now valued at $14b
https://fortune.com/2024/05/21/scale-ai-funding-valuation-ceo-alexandr-wang-profitability/
What has happened past two years has been nothing short of nuts.
The Journey of Appen’s Stock Price and Business Operations Through Recent Years, page-4
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Last
49.5¢ |
Change
0.015(3.13%) |
Mkt cap ! $110.1M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 47.5¢ | $470.0K | 972.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 4932 | 3 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| APX (ASX) Chart |