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$66.47 afterpay limited

Afterpay Valuation, page-1947

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Fishinnick

22,959 Posts.

271

05/07/20

20:23

Post #: 45655904
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Originally posted by nicarena: ↑

Lol $126 billion market cap for CBA. Afterpay is a pebble for them.Still waiting for Afterpay to generate profit...The banks, their credit card profits and BNPL reminds me of the killing of Fairfax for failing to buy into internet giants real-estate.com.au, seek.com.au and carsales.co,.au. Fairfax wanted their "rivers of gold" classified section to continue and were asleep at the wheel. Fairfax's market value was huge and these small start-ups were tiny. Now it's the opposite. Same thing will happen with BNPL and credit cards (plus other areas). Banks are facing the same problem and like Fairfax, most are going to be too late to the party. Not many more chances for you to jump on board. Have a read of 'killing fairfax' by Pamela Williams. Very interesting read about mismanagement and those who doubted the new disrupters that didn’t make any money to start with.

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Have you been selling a few into the spike nic or what?

APT Price at posting: $67.50 Sentiment: Sell Disclosure: Not Held
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