Morgan Stanley initiate overweight $44 Target, page-7

APT needs to be taken out by Amex and PayPal. Afterpay has completely blown a whole in their business model.
Like Uber did to taxi, like AirB&B did to hotels.
Disruption is dangerous in any business and it my belief the company will receive an offer that they can’t refuse.
I feel over $55.00 it is still cheap for Amex, network in place, hard yards done.
Every day the $A falls the bargain just gets bigger.
If the stock goes to $100 fantastic but I seriously believe a take over will happen. What is the institutional holding now?