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APT week beginning 21/10/2019, page-3

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efletcher83

108 Posts.

85

20/10/19

19:57

Post #: 40977221
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Originally posted by Simmy_Gelati: ↑

So, we begin the week tomorrow with a red day on American markets, negative journalism by SMH 'investigators' about Afterpay and ongoing influence of RBA and UBS opinion pieces and probes. I think if Afterpay was solely exchanged on the American market, its share price value would have been a lot less volatile. It appears to me with many ASX listed companies, as soon as the media notices a company doing exceptionally well - they go on the attack as they think its the best way to pull in an audience...APT should consider delisting on the ASX and moving on to the American markets. Australias exchange doesnt appear fit to have a listed multibillion dollar company.

So where do you think the share price will go this week, or at least the next few days?

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Suggest you have a look at Friday’s price action on Netflix, Roku, Crowdstrike, Shopify, Okta, Altlassian.

Credit where credit is due, UBS got their note out just as global investors have decided to sell hypergrowth stocks.

APT Price at posting: $29.65 Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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