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.
you might think that but look at altium - 10 revenue growth and...
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Last
60.0¢ |
Change
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Mkt cap ! $133.4M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 60.0¢ | $59.68K | 99.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 46000 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 60.5¢ | 46240 | 4 |
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| Last trade - 10.02am 22/05/2024 (20 minute delay) ? |
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59.0¢ |
Change
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| Open | High | Low | Volume | ||
| 60.5¢ | 60.5¢ | 59.0¢ | 65252 | ||
| Last updated 10.23am 22/05/2024 ? | |||||
| APX (ASX) Chart |