Z1P is writing off $12M per annum in B&D receivables and this is growing fast.
The ZipMoney product in particular is gobbling up too much capital.
Zip is also expanding too fast. They are now rolling out Zip consumer to other countries as well as rolling out zip B2B. The amounts of capital they will require, plus headcount etc, I believe it’s bound to be executed incorrectly.
APT is the category killer in the BNPL space.
Christmas $6.50, page-155
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Last
$1.85 |
Change
0.070(3.94%) |
Mkt cap ! $2.335B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.91 | $1.80 | $45.22M | 24.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7500 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 211147 | 7 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |