Westpac sells Zip stake, page-101

I very much doubt it.

There seems to a lot of emotional investors in this stock hanging on every word "Larry " says but the fact is prior to founding Zip he only had eight years experience in the Corporate world mist of which were relatively short term middle-management and certainly nothing at Board Level which would give me any confidence as a shareholder that he has the experience to run a multi billion dollar public compsny.

From what i can see is they continue to make rookie errors in acquisitions, capital raising and strategy.

Tge NZ acquisition has failed to meet performance targets, they have leveraged themselves to the eyeballs in corporate debt and "paid" a ridiculous amount of money for loss making Quadpay.

This latest pay and Zip move is canabalising their own market may add to revenue but will increase losses and smacks of desperation.