Appen had a PE of about 20 just a month ago. It doubled in price after announcing a killer half yearly. PE compared to: Wisetec 108 Altium 65 Afterpay 1200 Xero does not even make a profit to have a PE.
Unless NASDAQ goes nuts, I think APX will probably drift lower in the next few months as people don't really know what it does.
I learned about AI years ago in the Terminator movies and thought AI means computers that can think like human. If LVT does not make killer robots, what do their AI systems do? To be honest, I don't really know and that is the main reason why I am hesitant in buying a lot more LVT. But at current prices, it is really tempting.
LVT Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held