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What's with APT and another senseless pump. Now valued at $30...

  1. kevin103
    16,845 Posts.
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    14/12/20
    14:50
    Post #: 49562808
    What's with APT and another senseless pump. Now valued at $30 billion MC + debts.
    Goes to show a company needs to get in bed with the right group of brokers to see these sort of pumps - one devoid of fundamental valuation - running at an annual loss -$25mil p.a
    FMG in its very early days was similar - just a blue sky pump job before they made any money.

    https://hotcopper.com.au/data/attachments/2732/2732522-223c09f22036ceb22b5c760ac07b33df.jpg
    Last edited by kevin103: 14/12/20
    IOU Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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