As I said earlier if you had shorted Wisetech, Appen, Altium or Xero on the day of APT’s SPP announcement, you would be clearly better off than you currently are through your APT short. I wouldn’t normally comment on these short term movements, but you have indicated that you are employing a short term trading/hedging strategy based on the purported negative impact of the SPP. The fact that APT has performed better than all of the other WAAAX stocks since the SPP announcement is a very strong indicator that your thesis, specifically in relation to this APT SPP, is flawed. A number of other posters have also tried to point this out using a variety of arguments which you have dismissed out of hand.
Out of interest, how long do you believe this 1.3m (maximum) share overhang will continue to negatively influence the APT share price?
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