After pay. ( apt asx) trading halt and update.

[Pastcaring]

All the fun of the fair.

Trading halt called yesterday,capital raising of around A$110 million at around $16 a share.As I have no interest in buying it the 16 is not accurate.

They also took over a UK company called clearpay,90% of clearpay was bought for 1 million shares in APT.

Results were released,revenue went up 400% ,but 400% of not much is still not much.Annual loss of approx $9 million.

The stock opened up around 21% today after the halt was lifted,I think it is around $22 now. One year return of 700% approx,just over,from around $3 to $22 .

I still think it is a bubble,investing is the only game where you can be 100% correct and still look a fool.While the bubble inflates I can call it right all the way.Should that bubble burst at say $100 per share then I can only look a fool for missing out on all that gain.

Time judges all men ( and women ).