Yeh, we've exposed a few things together... Getswift, Kogan... Updater... and others... Dirty behaviour prevails when informed sit back and say nothing... Trying to discredit @Christos12 because he holds APT, is pretty futile, clearly his holdings in APT are due to the belief in the economics of their model being far more sound than Z1ps - I personally find APT potentially just as hazardous for different reasons - when their growth finally slows, but markets love a growth story, so why let truth get in the way of a good story...
But ignoring his downramping, when all his points are irrefutable, namely:
1) Book turn is terrible, average receivables are like 300 days
2) arrears are understated, due to how they report
3) top line revenue is too low for the risk - @Warnie mentioned this too
4) the model is a GE type model, 3-5x more capital intensive than APTs
All sound points... if you shut down strong discourse, and are unable to counter argue, then you are essentially killing off the value of this forum...
Yeh, we've exposed a few things together... Getswift, Kogan......
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Last
$1.29 |
Change
0.045(3.63%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.32 | $1.27 | $16.63M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30048 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 290528 | 11 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.29 |
Change
0.045 ( 3.89 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.31 | $1.25 | 2717786 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ZIP (ASX) Chart |