Ok. I’ve been in this for two years. Seen the ups and the downs. Made some profit and lost some too. Understand the regulatory risks, etc. So ... how is it that the SP on Friday afternoon reflected the risk of a poor outcome in the senate committee (at around $17.20), then on Monday after the senate report results were (despite the spin overwhelmingly) positive it jumped to $20-plus; then today it was back around where it was before the (possibly devastating) senate report? Because the half yearly didn’t record a profit of some description? Because they are in a massive growth phase? Honestly. This must be the most pushed around stock on the ASX. If you’re long, just chill. It will work out fine. If you’re short, whatever. But the volatility is ridiculous.
APT Price at posting:
$17.64 Sentiment: Buy Disclosure: Held