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0.00%

$66.47 afterpay limited

0.7% is net transaction loss, not bad debts if you look more...

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naisukebin

83 Posts.

19

19/03/18

15:42

Post #: 31861381
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Originally posted by Shoresy ↑

Did they have an increase in bad debt? I thought it had been consistently around 0.7% for a while.

I think it's a good time to buy right now (I am buying more). As soon as they report their first big name USA retailer partnership (assuming that happens) the SP will increase 30%.

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0.7% is net transaction loss, not bad debts if you look more carefully.

If I recall correctly:
bad debts - late fees collected + recovery costs = net transaction loss

APT Price at posting: $6.85 Sentiment: Buy Disclosure: Held
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