APT 0.00% $66.47 afterpay limited

I am an invester of 40 years and do not understand why a stock...

  1. 106 Posts.
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    I am an invester of 40 years and do not understand why a stock that doesn't make a profit/pay dividend over its life on the ASX is worth $44.......please explain. It is a running gamble on hope that it will from lending money to anyone. Give me a stock like FMG that actual makes Billions and pays the biggest dividend then any other ASX company. Sorry I don't understand. Please in lighten me if you can.
 
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Currently unlisted public company.

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