Actually consumptions fall is way less than credit cards debt fall due to stimulus packages...reports of Kgn, rbl, Amazon, BNP & online sales of all retail stores are all sky rocketed. 2020 is the first year of the beginning of credit cards history. They will be wiped out like paper money is wiped out. Soon BNPL will take over all the sectors where credit cards are operating...Even if consumption rises in future, there is no value of using credit cards anymore especially when they simply cant compete with BNPL because of delayed payment, margin & worst of all digital control!
GameStop Lol, All other high marginal BNPL players can’t even touch GameStop because quadpay has already rigged it to its best with lowest margins Offered on the table.
increased TTV means growth & for next 3 to 5 years growth will come are the cost of losses “BY CHOICE”
stock has been belted down to 1$ in March, still 6.5 x bagger.
I hope you covered at the close on Friday because trump Video messages are signaling heavy green on Monday!
Chart - Z1P, page-74
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Last
$1.79 |
Change
0.180(11.2%) |
Mkt cap ! $2.011B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.82 | $1.63 | $76.45M | 43.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 700 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 29305 | 1 |
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| ZIP (ASX) Chart |