APX 0.83% 61.0¢ appen limited

What's wrong with Appen's business?, page-80

  1. 777 Posts.
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    @Calvo
    A) Percentage in APX: So you have a portfolio of juniors that is 5% of your portfolio, which no doubt includes APX.
    Let's say 10~20% of that 5% of juniors is in APX.

    https://hotcopper.com.au/data/attachments/5920/5920573-2c58d6c9dff23f44acc87ba50ea8ab9d.jpg
    So would that be 20% of 5% in APX or 1% of your total portfolio in APX?


    B) You then claim that you hold 270K shares purchased for $110k
    https://hotcopper.com.au/data/attachments/5920/5920595-70754639996a02201337f6d4d09fa7ed.jpg
    So $110K invested in APX.


    C) Superstar Income Earner: You are a professional trader doing it for 20years, and you claim to make in a month (Feb) what a professional consultant earns in a year
    https://hotcopper.com.au/data/attachments/5920/5920581-8807784d5f509e102f8018bfb27572bf.jpg

    So correcting negatives about Appen is your muse.



    I pose this question to the forum with all the skepticism I can muster: which is more believable – that Calvo sits on an $11-12 million portfolio, with a whopping $8 million lounging in cash, or that porkies fly? He claims to out-earn the Prime Minister, a Queen's Counsel, and a brain surgeon combined.
    What next ?

    I put it to the members of this forum to form their own opinion of what is believable!? Still not convinced ? - then take a quick look at what was said when the price was above $10.





 
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