ZIP 2.21% $2.31 zip co limited..

Daily Price Movement / General Discussion, page-36090

  1. 84 Posts.
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    Capital access will be reflective of the presentation of use of funds & the balance sheet (look at the total equity line) not the P&L - this is where lending risk will be determined

    ie (at the time) what does purchasing Quadpay reflect for Zips future growth. So while we look at the negative $300&something million loss on the P&L- look what that purchase represents for zips current/future earnings.

    the loss will not be on the P&L only as a FY21 comparison - any acquisitions this FY will present the same way.

    on the balance sheet it’s an asset - same with any new acquisitions

    I completely agree it may be 12 months to come to fruition & that may fall outside many investors ideal timeline - but it doesn’t make it a bad company. I know your not saying that it is, but there is plenty of crap on this forum I have read from people who have quite clearly jumped on the bandwagon with absolutely no research & want to call it a dog. It won’t matter what happens with zip, to anyone with that strategy this problem will follow you till your out of doe.

    have a good day
 
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