Australia's largest stock trading and investment forum Australia's #1 stock forum

APT

Click for more information

0.00%

$66.47 afterpay limited

there are countless quotes from molnar...saying that 'apt...

First 19 Last

Share
Profile

Follow
TP1a

368 Posts.

31

11/06/20

09:06

Post #: 45151380
Share

Originally posted by shooshka: ↑

They are a BNPL provider. That is the area that needs to be regulated - and that is the definition of what they are.

They are not a bank offering a credit card - which can then be used for cash advances on goods, drugs, gambling or whatever else.

They are not a retailer providing lay-buy (which under your 'catch-all' definition of a credit provider would have to be included as it is not that different in credit theory to what APT do - i.e. there is still an obligation for future payment).

They have been pretty clear that BNPL is a new product - and as such should be regulated as its own product. Just because you don't like it, that doesn't mean they haven't been very clear about their opinion on where they sit.

If you think they have been misleading the market - you should report it to the ASX and ASIC - let us know how you get on....

Expand

there are countless quotes from molnar...saying that 'apt is not a credit provider'....apologies, but this is fact...

these are his words....again, google it....you'll find many instances

let us know how you get on eh

APT Price at posting: $54.52 Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

There are more pages in this discussion • 90 more messages in this thread...

First 19 Last

Add APT (ASX) to my watchlist