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Appen slump makes it an attractive M&A target: Citi – The Australian Financial Review
Less than a year ago Appen shares were trading above $43, now they’re less than $13 per share.
However, our discussions also point to slower growth for data annotation as the major tech companies develop better systems.
While Ahmed lowered his five-year compound annual growth rate from 13 per cent to 9 per cent, he believes the company is now priced…
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