Former Rich Lister Megan Wynne’s financial worth has plummeted after shares in the Perth entrepreneur’s international employment services group, APM Human Services International, lost nearly half of their value in one day.
APM, which specialises in helping people with disabilities or illnesses find jobs, slid 41 per cent, or 54¢, to trade at 78¢ on Thursday after it forecast first-half profit and earnings well below analysts’ expectations.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Bluesky: @jennywiggins.bsky.social Email Jenny at jwiggins@afr.com