i don't know why anyone would be Selling atm. if zip is valued at se multiples as Afterpay this FY when it does 400+ million revenue (4/5 of Afterpays 2020 result) then 4/5 of 25 billion is 20 billion mkt cap and a shareprice in the 28-30 dollar range. Afterpay has since then on very little announcement jumped from 25 billion to 39 billion mkt cap. 4/5 of that is 32 billion mkt cap or ashare price for zip of approx 45 dollars.
Sounds ludicrous right?then you realise.... Zips business in Australia continues to outperform Afterpays on % growth, app downloads, and revenue % sold. Quadpay is cashed up and delivering 80-100% app downloads of Afterpay far faster growth in terms of both customers, app downloads and merchants signed.
Even if zip is valued at Sezzles multiple, a business smaller than Quadpays contribution alone, mkt cap should be 10 billion or a shareprice in the 13-15 dollar range.
Why sell i ask again?
Z1P Price at posting:
$9.96 Sentiment: Buy Disclosure: Held
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