Chart - Z1P, page-5057

the only things that would create this going back to $1, is a complete loss of debt facilities (which by the way, aren't annually renewable I don't believe, there multi year deals) creating an inability to fund, a meteorite the size of Armageddon hitting the world, and thus creating no trading/equity markets, a complete disapproval or shift in regulation to completely remove the ability to fund, or finally, a complete capitulation of the companies underlying thanks to serious mismanagement creating the inability to raise further funds either via institutional investors or retail which subsequently renders them very near bankrupt, and finally another total GFC.

otherwise based on the underlying financials alone, distribution channels and vendors, intellectual property and data, you are kidding yourself if you actually believe this could come back down to $1.

so technically, there are many things stopping this from going back to $1, even without expanding overseas.
- huge shift in unemployment numbers over the last quarter.
- record retail numbers and online sales particularly, with some of the large retailers who offer zip,
- huge consumer spending
- record liquidity coming into the market on a daily/weekly basis, both locally and abroad
- record interest rates here to stay until at least 2024
- US election is past us now, and no us/China trade war in sight
- covid vaccines rolling out
- generational shift to BNPL as opposed to credit, which continues to wider further than when BNPL was still in its infancy back in 17-18

so, in my opinion, you're not very good on understanding technical reasons if you think there are none that stop this from getting back to $1, and I'm scared to think what stocks are a sure thing then...

my opinion only, dyor