It's interesting. I've spoken with a few big fund managers who have admitted they are no longer interested in shorting APT. In fact, most of them are saying some of these big tech names are quite clearly over-valued on traditional metrics, but there is no clear catalyst to kill the momentum. I'm yet to hear Z1P mentioned, but certainly it seems most are scared to be on the other side of APT.
I'm aware of one manager who has a pair trade on APT short and Appen long, who will be absolutely be getting destroyed on that right now.
It's interesting. I've spoken with a few big fund managers who...
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Last
$2.95 |
Change
0.075(2.61%) |
Mkt cap ! $3.838B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.97 | $2.82 | $21.91M | 7.555M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 50085 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 263858 | 61 |
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| Last trade - 15.44pm 15/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |