Ann: Appen to Acquire Figure Eight & Launch Capital Raising, page-40

"Just for APX share price to stay where it is, PE would have to double…?"

You are fretting about APXs post acquisition PE.

For some serious PE angst, you should try owning PME. Their trailing PE is 125.

However, every time that I sell some PME, I finish up regretting it almost immediately.

Unusually for a growth stock in full flight, PME have positive earnings, pay a dividend, and have no debt.
The PME founders still own 56% of the company.
Does any of that sound familiar?

The thing that has underpinned PME's rise is their acquisition of the "Visage" software from a California based software outfit 10 years ago.
It looks like PME bought the right tool for the job.
I hope APX's acquisition can be as transformative.

cheers