Above $60 in a few months... Let's stay grounded. Even the most optimistic analysts have a 12 month price target of $45, which I would be VERY happy with.
AUSTRAC could fine APT, but since it's a one-off I'm not sure how much it would affect the SP given the share price reflects the massive growth potential of APT. I suppose it would depend on the quantum of the fine. Personally, I would hold off to putting any more of my money into APT at this stage when I can wait a week to assess the AUSTRAC impact. I do believe volume could pick up after, hopefully in the upward direction. Market doesn't like uncertainty and AUSTRAC adds to that.
APT Chart, page-365
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