@StefanF you have good points backed up with reasoning and research and I commend you for this.
However, it indicates that you're taking a pretty short term view of the company and I'd be interested to know if it is only Afterpay that you have pulled out of/are bearish on or other companies as well - the majority of the market is going to be copping a beating from this CV business and the effects will last for a while as well I imagine.
At the core is the question - will this fundamentally affect APT's ability to do and grow business over the long term? In my mind the answer is a resounding no. I don't think APT is at risk of going under, which means that they just need to weather this storm and then they can get back to business. Even if that takes a while and even if the share price (which is merely an indicator of market sentiment) drops from here over the long term this is an incredible ~business~ to be invested in and especially from here will deliver strong returns as it did in the past.
If memory serves you sold out a little while ago - do you have a re-entry point or are you done for good?
All IMO stay safe people
- Forums
- ASX - By Stock
- Explanation on price drop
@StefanF you have good points backed up with reasoning and...
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add APT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online