Thanks mate, I don't mean to come across as arrogant but you don't have to be an investment banker to know it makes more sense to use readily available information (such as average spend per year) to come up with any kind of Valuation analysis. If someone is optimistic they can be forward looking and make adjustments (such as increasing average spend from $2000 by 10% to $2200) but to increase it by over 200% doesn't seem smart.
As most of you know I'm a big Afterpay bull, in fact most of my investments are tied up in Afterpay but I get worried when crazy numbers start floating around. This stock will increase based on fundamentals and I'm really looking forward to the upcoming half-yearly albeit I'm not expecting average spend to be anywhere near $5000.
APT Price at posting:
$34.76 Sentiment: Hold Disclosure: Held
