I'm interested in why you think FXL isn't undervalued compared to APT? I assume you are aware that market cap is based on share price and that if FXL was also at $70 per share, it's market cap would be in excess of $20b... are you also aware that even if APT had a profit in 2020 of 15% of its revenue (that's being nice because it's not going to make a profit) - its PE ratio would be in excess of 300!?
Comparing that to FXL which currently has an actual PE ratio of around 9.
I also suggest that holders compare the Enterprise Value to Sales of APT and FXL.
So I don't think its the 'WORST ' thing to look at APT and consider that maybe FXL is a little unappreciated right now...
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