That may be the case, but when did the market ever get so rational?
Searches for "Afterpay share price" still trending very high. 5th most discussed stock on Hotcopper today. Meanwhile MUFG & MS (or their clients) have been selling out.
Retail brokers booming with the influx of new clients. ASIC crying about retail losing money on CFD's.
Not hard to put 2 and 2 together - APT is being bought up more and more by retail. Tencent's volume does not account for much of the past couple of months. There'd be a lot of day trade volume in there too.
credit: @StockCats on Twitter
APT Price at posting:
$42.17 Sentiment: Hold Disclosure: Not Held
