We have been told that the current sell down was caused by a few factors with one being the AUSTRAC outcome. Surely this has now been accounted for in the share price if regulations are imposed on APT and the other BNPL companies? If we do have any adverse findings, which we were led to believe is not the case, then we may end up with a fine but I dont see the Australian Governement wanting to stifle companies that could well be assisting to kick starting our economy.
Am I wrong? your views?
Pete
APT Price at posting:
$29.19 Sentiment: Buy Disclosure: Held