ZIP 1.74% $1.41 zip co limited..

Has APT been sold or has one company swapped it's overvalued...

  1. 4,247 Posts.
    lightbulb Created with Sketch. 1867
    Has APT been sold or has one company swapped it's overvalued paper for APT overvalued paper.

    The " price" is a circa 25 percent to APT high and the directors of APT realise they can never make sufficient profit ( if at all) to justify the ridiculous valuation.

    It endorses the view that a stand alone BNPL company simply has no path to profitability and it's only value is to an unrelated aquirer that can supplement its existing products

    As SQ loses 60 per cent of its existing valuation it will drag APT down with it and Zip probably by more

 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.