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sydneyelvis

862 Posts.

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24/06/20

14:59

Post #: 45421881
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Originally posted by jimmy1979: ↑

@sydneyelvis - not sure how you can say APT is too cheap.

Last FY loss of $35million, yet it's current Market cap is $16Billion.

For it run at a PE of say 30, which is almost double most companies in the ASX50, it would need a profit of over $500million to sustain that market cap. As I said, love to trade it, but will not hold over night, as this could turn on a dime.

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G'Day Jimmy
Its good we have a difference of opinion
Healthy debate is always welcome
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