ASX Announcements
Notification regarding unquoted securities - APX
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Dec 6, 2024
- 6 pages
October 2024
Appen CEO apologises as tech failure leaves workers unpaid
Contractors paid by the ASX-listed company to train artificial intelligence models for technology giants have not been paid in more than a week after their money was due.
- Tess Bennett
May 2024
‘Asleep at the wheel’: Appen shareholders vent frustrations
Long-suffering shareholders of the data service company have delivered a 19 per cent vote against the company’s remuneration report at its AGM on Friday.
- Tess Bennett
- Exclusive
- Luxury property
AI pioneers pay $12.45m for harbourside penthouse
Appen founders Chris and Julie Vonwiller have joined a trend of “discerning down-sizers” seeking large apartments.
- Bonnie Campbell
April 2024
Aussie MMA start-up quietly lists in the US after $9.9m raise
Manly-based Alta Group, which runs a mixed-martial-arts training platform, has debuted on the New York Stock Exchange after raising $US6.5 million.
- Tess Bennett
March 2024
Déjà vu: Appen’s US suitor walks away from $154m bid
New Jersey-based Innodata has abandoned its $154 million bid for ASX-listed Appen a day after the company was forced to reveal it was the subject of a confidential takeover offer.
- Updated
- Tess Bennett
Appen forced to reveal $154m takeover bid after shares surge 30pc
The firm scrubs data sets and sells them to companies experimenting with artificial intelligence. Trade in shares was stopped after an unexpected price spike.
- Tess Bennett
February 2024
Appen shares surge 15pc as new chief outlines AI strategy
The incoming boss of troubled data services business is hoping to catch the next wave after revenue collapsed 30 per cent over the last 12 months.
- Tess Bennett
Investors cheer Appen’s $20.7m cost-cutting
Shares in Appen jumped after the troubled data services company said it would cut costs and close two North American offices.
- Tess Bennett
What tech investors will be watching this earnings season
Some stocks will disappoint and others will pop as investors look for consistent growth and cost-cutting, rather than developments in buzzy areas such as AI.
- Tess Bennett
CEO exits stricken Appen after year of ‘great change’
The chief executive of struggling data services company Appen has resigned after 12 months. Ryan Kolln is elevated to the top job.
- Tess Bennett
January 2024
Appen shares crumble 40pc as Google walks
Shares in data-processing outfit Appen collapsed on Monday after major customer Google terminated its contract.
- Jessica Sier
November 2023
Appen hangs out the for-sale sign, raises $30m
Appen has tapped investors to raise $30 million as its board considers selling the troubled data services company.
- Tess Bennett
Appen in $25m equity raising; taps Barrenjoey
Fallen tech darling Appen had its broker Barrenjoey drumming up interest in a $25 million equity raising on Tuesday morning.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Ex-Appen boss leads $63m bid for ASX minnow Whispir
Once worth more than $500 million, the cloud-communications tech company could change hands for just $63 million.
- Tess Bennett
September 2023
The ASX-listed tech sector shouldn’t bank on AI boom, says Barrenjoey
The biggest beneficiaries of generative artificial intelligence may not be in the sector at all, but those that can leverage it to improve operations.
- Tess Bennett
August 2023
Appen plunges as losses widen amid AI gamble
Data services business Appen has warned its core business is under pressure as it shifts its focus to generative AI.
- Tess Bennett
What we learnt: Appen, NextDC, Helloworld, Integral Diagnostics
Small cap results are flying around the market like confetti. Here are a few that caught our eyes.
- James Thomson and Anthony Macdonald
July 2023
AI increasingly dominates corporate calls, and the coming earnings season
Twelve months of cost-cutting programs and price increases are also set to reveal which tech companies have responded to investor demands for profitability.
- Jessica Sier
May 2023
The ASX stocks that could ride the AI boom like Nvidia
AI has lit a fire underneath tech stocks, but investors are split over whether the innovation will transform business models or end up a fad like blockchain or 3D printing.
- Jessica Sier
Should you ask ChatGPT how to invest in AI? These fundies gave it 70pc
Nvidia has gained 113 per cent in the year so far, and spiked 26 per cent in after-hours trade on Wednesday. So, should investors jump in, and if so, how?
- Lucy Dean