APT 0.00% $66.47 afterpay limited

Looking for sensible explanation, page-90

  1. 515 Posts.
    lightbulb Created with Sketch. 43
    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.
 
watchlist Created with Sketch. Add APT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.