It is interesting though, there were plenty here saying APT was undervalued at $150 and there's a lot more to come etc etc. Obviously the market disagreed with the faithful on HC, but to get it wrong so badly on a blue chip stuns me. A circa 30%+ pullback?!
Is it guaranteed to soar to those lofty heights again? If so, when? How much more dillution is required to achieve profitability? The directors know when to sell their cheapies, that is for certain.
Saying the future is uncertain here is an understatement. APT is the biggest anomaly the ASX has ever seen. Valuations of a tech stock, but it's not really tech, it's a payment provider wholly dependent on more and more spending in a land beset by the loss of jobkeeper and the potential for rising interest rates and the associated pressures that will put on discretionary spending.
Throw a dart at a dartboard to predict the APT share price IMO.
- Forums
- ASX - By Stock
- APT
- Future of APT
Future of APT, page-34
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)