share price can still come down even when the business is doing...

share price can still come down even when the business is doing well in a recession for two main reasons

- to reduction in PE ratio that people are prepared to pay when compared to other stocks

- this share is priced for very strong growth based on history and forecasts, but if that turns into not quite as strong growth then the price will come down even through the business is still growing - just not at same extreme amounts

personally for APT I'm not worried about an australian recession as I think APT has reached escape velocity from aus and future growth is all about us/uk/others

still LTH