APT is one of the biggest Australian companies by market share, yet completely unable to finance anything without raising capital. Other companies of this size have been running for decades on profits and have been using these profits to finance their expansion. Do some of you people not see what is wrong in this picture? I know, I know, it is 2021 and it's the age of liquidity and "growth companies" that don't prioritise profits is the new norm. However, the time is ticking out for these "growth companies" and the history books will remember these leeches as one of the biggest contributors to the crash that doesn't yet have a name. I mean, come on, every half-decent salesman can keep growing revenue ad infinitum, provided there are fools that are willing to give them money. However, creating a profitable business that grows the value for the investors (not daytraders and speculators!) is a whole different story.
- Forums
- ASX - By Stock
- APT
- Future of APT
Future of APT, page-9
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)