Trust me that I perfectly understood and had already known your answer as I am following and owning APT since 2015 (and was an insider) but we can not take for granted that companies that deal with borrowed cash (and a lot of it) to sustain necessary growth will not be impacted as cost of borrowing is increased worldwide. Part of the pullback from 160 was an investor sentiment toward inflation.
I think your answer is just too shallow and requires a macroeconomic scrutiny.
Just to clarify - I love APT business model and I am a big believer in the APT management team.
APT Price at posting:
$103.52 Sentiment: Hold Disclosure: Held
