yes I am trying to grapple with this
13th biggest company in Australia overvalued by 50 percent compared to Affirm that competes with them and does 50 percent more revenue a year and growing the same rate year on year
looses 100 million a year and those losses are exponentially increasing
yes I’m trying to grapple with that. The unit economics and its metrics don’t align
i understand you’re happy and excited but when a share is over bought, when the share price is rising on FOMO only. Then it’s just time before it recalibrated and the music stops
please sell before the knife drops
i know you’d love to see Afterpay the number one company in Australia on mkt cap.
but the faster they rise
the faster they fall
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