The Afterpay investors who reaped the rewards of holding
The resounding success of the buy-now-pay-later phenomenon has rewarded an army of investors who held on to their shares, write Liam Walsh and Jemima Whyte.
Kerry Anders bought Afterpay shares when the stock slid at the start of the pandemic. Suan Kelly
Kerry Anders is 22, works at her mother’s beauty clinic in North Queensland’s Tully – the rainfall capital of Australia – and is one of the investors who bought into buy now, pay later juggernaut Afterpay shares at the start of the COVID-19 pandemic.
She had only dabbled a little in shares previously, such as buying a miner. It was a punt started when she was recuperating from a car accident several years ago and her grandfather suggested she use the time to examine stocks.
Liam WalshReporterLiam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
Jemima WhyteSenior reporterJemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
