I agree with you that Afterpay is grossly overvalued but lack of sellers = price appreciation.
Very little short interest in APT
i disagree that Zip is a growth stock as evidenced by saturation in ANZ and the competition and margin squeeze it now faces in all territories
If you discount the growth element it's fundamental book value is 53 cents and even less on a fully diluted basis
Simply put it does not warrant a growth stock premium and currently trading at 17 times book value there is scope for significant downside from here IMO
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I agree with you that Afterpay is grossly overvalued but lack of...
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Last
$3.25 |
Change
-0.110(3.27%) |
Mkt cap ! $4.243B | |||
| Open | High | Low | Value | Volume |
| $3.34 | $3.35 | $3.23 | $32.31M | 9.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 20480 | $3.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.26 | 50584 | 3 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |