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Hokusai

5,985 Posts.

338

18/10/19

14:25

Post #: 40954357
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Originally posted by upside_down: ↑

Hmm this doesn't look too good for the short to mid term.

See article in AFR from 1pm today "RBA to probe Afterpay ‘no surcharge’ rule".

Screenshot from the payments board annual report https://www.rba.gov.au/payments-and-infrastructure/resources/publications/

"The Bankwill be considering if there are any policy issuesassociated with the growth of BNPL servicesas part of its 2020 review of card paymentsregulation."

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That's a month old and APT wen higher after it. You shoulda checked the the person you plucked that from wasn't a half baked investor

APT Price at posting: $29.41 Sentiment: Hold Disclosure: Held
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