APX 0.00% 47.0¢ appen limited

Time to average down ?, page-3

  1. 10,555 Posts.
    lightbulb Created with Sketch. 1227
    Too many delusional idiots on the forum that can't comprehend simple English.

    - Revenue ex Big tech is growing
    - Will report a Net loss for the half with cash buffers dwindling by some $5-7.5m

    This is going to be the crux of HY report in August. What the FY outlook will look like is to be seen but at the moment we have revenue stabilisation where the first four months of the year showed revenue growth m-o-m.

    There are already tangible signs AI data is growing with the AI market.

    The posters that generalise without any facts are insta-ignore material. They know no better because they are clueless.

    Fancy brain people think an AU $400m revenue business with no debt in an industry that's in its infancy should be trading like BHP.

    These people are obviously sandwich short of a picnic. As for your question - the drift from AGM is stabilisation so share price will oscillate. Could go as low as 42c - at the end of the day you put your money in on revenue stabilisation that to record a net loss in August. What the outlook is like is where the decision should be made imo. May get some at a premium to todays price but at 0.25x revenue there is plenty room to move.
 
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