who cares if we get a 20% retracement tomorrow, in a year's time this stock will be over $100
I've been saying this for weeks: The weak retail investors have all sold out and are too scared to come back in.
This correction has allowed APT to consolidate its holding base into a much stronger institutional one. We will soon have more insto's coming in due to FOMO.
they see rival funds like Ophir & QVG beating the indices so they gotta get in as well. There's also foreign funds trying to get a slice of the pie before Afterpay becomes a household name in the US (it basically already is in Aus/NZ).