APT 0.00% $66.47 afterpay limited

Sounds like all the worst business model ideas wrapped into one....

  1. 3,781 Posts.
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    Sounds like all the worst business model ideas wrapped into one.

    • High working capital requirements
    • low stock turnover
    • long dated book
    • poor profitability
    • high risk of obsolete stock
    • solely attacking high-risk customer segments
    interesting but also terrible
 
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Currently unlisted public company.

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