you might think that but look at altium - 10 revenue growth and on a similar p/e to appen, its growth is slowing appens is accelerating. yet went up 10% after it reported. we know appen has had a good year as figure 8 started to perform last year and all the big us tech co's (appens customers) outperformed last half due to covid. i think they are going to produce one of the best results yet and wouldnt sell a cent. 50-70 times earning for a company growing at a compound annual growth rate of 60% + in a massive market which they are leading. investments dont get much better than this.
ubs upgrades apx, page-246
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Last
$2.59 |
Change
0.030(1.17%) |
Mkt cap ! $675.3M | |||
| Open | High | Low | Value | Volume |
| $2.61 | $2.72 | $2.58 | $18.40M | 6.982M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 189921 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 1908 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| APX (ASX) Chart |