APT 0.00% $66.47 afterpay limited

$50, page-192

  1. 2,624 Posts.
    lightbulb Created with Sketch. 307
    Just read the announcement.
    Aim to raise $20M by SPP to retail investors (that is us)
    Capped at $15K per retail investor
    Can be scaled back at APT's discretion
    .... so .... $20M divide by $15K = 1,333 (only)
    Now there surely must be more that 1300 retail investors so my guess is it will definitely be scaled back unless price drops to ~ $17 when it becomes marginal.
    Suspect there may be a good buying opportunity ahead but DYOR.
 
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