Been involved from a price of 2.62 - growth consensus has always been the driver. Increased individual usage and loyalty over time as well as international expansion have been a key reason from day dot. Growth comes at a cost and always going to look expensive in the short-term. Economies soon to take hold and will drive bottom line figures as profit off current customer base begins to offset cost of new customer acquisition. 12 month PT of 41.50

Update 14/11/19 - Wild price action over the past two days with APT still proving to be a devisive stock. Triple digit growth on PCP with a $200mil private raise at a 3% discount setting them up for further growth. Partnership with eBay expected in 2020 also a massive positive. New customer growth massive (c. 15,000/day in Oct) - still able to hold losses stable. Higher purchase frequency the longer the customer has been with APT also a big driver of future growth.

AUSTRAC still an ongoing concern with final report due towards the end of the month, this risk is potentially the catalyst behind the massive price volatility post announcement.