AFR article, page-8

First 8 Last

Share
Profile

Follow
Endpoint

87 Posts.

51

17/03/19

16:45

Post #: 37789651
Share

Originally posted by upside_down: ↑

Agree with all you've said. My point is more that what is baked into SPT's price right now is a lot more froth and a lot less substance than what APT had earlier on. And that's not helped by these advisor and broker incentives. IMO there are a lot of people pushed onto this share that don't understand the market opportunities and risks and path to success like you or I do, that will sell on any moments of weakness.

APT fully diluted at $2 after IPO is equivalent to SPT at $1.10. Options + rights +shares for Afterpay at IPO added to 180 mil, for SPT they add to 327 mil.

Let me correct what I said before - Afterpay actually reached $3 only 2 months after issue, then dipped back below $2 about 9 months later.

I've cobbled together some charts using data from here https://www.asxhistoricaldata.com/. Seems to be quite hard to find a free charting tool (e.g. Google, Yahoo) that shows price data for out-of-use stock tickers (in this case AFY).

Now I've done the same chart again but multiplied all Afterpay's prices by 55% to account for differences in shares on issue & options.

As you can see $3 is roughly equivalent to $1.65 - so SPT has run to equal Afterpay's average market cap for 2016, in a shorter time too.

Expand

So basically on a like-for-like basis SPT has reached in 1 month to where APT got to in 10 months?

SPT Price at posting: $1.60 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

HotCopper Highlights: Your most watched stocks for Week 47, 2024

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

There are more pages in this discussion • 14 more messages in this thread...

First 8 Last

Add SPT (ASX) to my watchlist

AFR article, page-8

Top Stories

Sales growth pushes Lovisa's fortunes (and shares) upwards

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Scientific conference spotlights PYC's work on blindness disease treatment

Featured News