APT 0.00% $66.47 afterpay limited

Merchants charging fees for using APT, page-22

  1. 1,828 Posts.
    lightbulb Created with Sketch. 164
    Why you guys fighting? Isn’t it obvious already that no matter what you do. You won’t be able to stop the APT train. The main reason is pretty simple, APT tracks the NASDAQ now and is seen as the Australian equivalent. That’s why there’s not much platforms offering short on APT and why it bounces hard. People equate APT to the FANG stocks now where their value will just keep increasing over time as they have been considered as a staple stock to hold for every super or investor or ETF. It’s now trading $300-$500m dollars Per day. Basically 10% of the volume per day in the whole ASX is Going in APT just like Amazon, Apple or Tesla. Retailers are piling into it and brokers can no longer even put a decent value on it as the buying pressure just keeps going in. This is what happens when a stock becomes a Tech staple equated to the US market. All imo, gltah. I’ll even say this is worth $300 or more in the future.
    Last edited by Filosophersbone: 10/07/20
 
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.