APX 6.91% $2.56 appen limited

Why would the share price of APX continue to rise when earnings...

  1. 2,192 Posts.
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    Why would the share price of APX continue to rise when earnings per share is expected to be down next year with the acquisition? Remember, potential $480 million raised from shareholders?

    Heat is starting to come out of the WAAAX stocks. The valuations are frothy and profits need to be locked in. Berated for calling this at $24. Now below $22 and more selling to come.
 
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Last
$2.56
Change
-0.190(6.91%)
Mkt cap ! $400.4M
Open High Low Value Volume
$2.71 $2.74 $2.53 $27.48M 10.57M

Buyers (Bids)

No. Vol. Price($)
14 86033 $2.56
 

Sellers (Offers)

Price($) Vol. No.
$2.57 30875 3
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
APX (ASX) Chart
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