Shorts are at 3% on the 9th of Jan last Tuesday. I think that's reasonable as everyone runs to blue chips. I'm buying Appen for the small cap turn around rally which has not started yet but when it does it will be when interest rates drop or are certain to drop. Apx share price could fall to 10c between now and then. either way I'm happy as I'll own more. I do not believe for a second it will go into liquidation because 1. The ceo is not selling his shares, 2. It does not have weak financials. 3. It has a Low ECG risk rating. 4. current Fair value is around $1.60 ps. 5. There is no debt to worry about. 6. look at all the companies they do work for and then look at the share price chart. For me this is a no brainer money maker sub 60c a share.
Top 10 A.I predictions and breakthroughs for 2024, page-60
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Last
47.0¢ |
Change
-0.020(4.08%) |
Mkt cap ! $104.5M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.5¢ | 47.0¢ | $1.169M | 2.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 119772 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 2110 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| APX (ASX) Chart |