APT would never make a profit either but Molnar/Eisen knew that built it up and sold it before it came time to pay the piper.
They are a couple of smart dudes...when Covid hit they went all out expansion on the back of fiscal stimulus.
Larry and Pete bunkered down and laid off staff when the one in one hundred years opportunity was presented to them on a plate.
Molnar and Eisen got out when fiscal stimulus ended Larry and Pete went expansion crazy increasing marketing and employment expense by $300 million.
if their was a study on incompetence this would be it
Daily Price Movement / General Discussion, page-45314
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Last
$1.83 |
Change
-0.020(1.08%) |
Mkt cap ! $2.310B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.85 | $1.78 | $27.05M | 14.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 193359 | 7 |
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| ZIP (ASX) Chart |