fundamentals unchanged? Yeah except huge amount of liquidity 1.5 billion worth of shares being sent out to Shorters who will lend them again and APTS high share price days are OVER.
That AFR article really opened up a can of worms and for the first time investors now understand the depths of the 1.5 billion cap raise are. That it isn't all roses like many long term holders were saying. It's not pure genius. There was a big big catch to it. The founders knew it was going to create an enormous Shorters market on apt shares and create huge downward pressure on share price. This will head to 50 now
APT Price at posting:
$95.38 Sentiment: None Disclosure: Not Held
