From an investment strategy perspective I don't think the Afterpay hating, index-hugging Aussie fund managers can keep APT out of their portfolios for much longer.
On days like this Afterpay ALONE is keeping the ASX in the green.
Therefore if they don't have Afterpay in their portfolios they will continue to underperform.
What percentage of Aussie fund managers underperformed the index FY2020? I reckon something like 7 out of 10.
I think the writing is on the wall.
Once APT becomes an 'institutional must have', nothing can stop this bull train from running to $200 and beyond.
Yup
APT Price at posting:
$82.47 Sentiment: Buy Disclosure: Held