I can't get passed the fact APT just raised 1.5bil at 0% prior to this sell off to accelerate growth.
It strikes me that Z1P with very limited cash will really struggle to compete on a global stage now. Any future capital is now going to have to be raised at a much heavier discount to a few weeks ago.
I suspect the game has changed, sentiment has soured a bit and raising capital will be more expensive going foward, no two ways about it. APT has the best balance sheet of all the BNPL's and if we truly are in a time of increased pressure only the strongest will survive.
I have to back APT completely now, no SZL or Z1P anymore.
APT Price at posting:
$103.40 Sentiment: Buy Disclosure: Held
