APX 2.34% $2.62 appen limited

Ann: Appen to Acquire Figure Eight & Launch Capital Raising, page-33

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  1. 2,582 Posts.
    lightbulb Created with Sketch. 39
    Thepresentation suggests FigureEight lost $22M PBT last year (Appen made $56m)Figure Eightexpects to be EBITDA break even in FY20 Not surehow the market will digest this one. Strategicvalue looks clear, but it puts Appen on a much much higher PE with extra sharesissued through the placement and resultant drop in NPAT. Just forAPX share price to stay where it is, PE would have to double…? Up in Wisetech rarified atmosphere.....

    Gosouth
 
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Last
$2.62
Change
0.060(2.34%)
Mkt cap ! $400.4M
Open High Low Value Volume
$2.61 $2.72 $2.58 $12.15M 4.585M

Buyers (Bids)

No. Vol. Price($)
11 35730 $2.61
 

Sellers (Offers)

Price($) Vol. No.
$2.62 150 2
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