most of the brokers have a strong buy, and that's because
- record growth across all metrics for what is usually a softer quarter - impressive growth in the US, and expansion on track - bad debts actually level out, and haven't increased, although concerns around accruals - TTV exploded, especially from an asset zip owns 100% of. $400m purchase looks an amazing deal now - remain market leading revenue margin in comparison to peers (except humm, but wtf are they on a global scale)
and finally, the market cap and SP. like come on, this is the biggest steal on the asx for growth investors
the caveat however is the constant and prolonged short attack. there is a possibility of driving it down to disgusting levels and will keep liquidity to the side. either that or a take offer offer on the table., whichever comes first.
nobody has a crystal ball however based on a solid report and metrics, it remains a strong buy from me, but with an increased level of risk than what has historically been the case
Z1P Price at posting:
$6.99 Sentiment: Buy Disclosure: Held
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