Daily Price Movement / General Discussion, page-38652

I’m interested to see if you’ve measured the business (quad) pre and post zip acquisition

zip has been offered to the funds and instos the past two years, and for the most part they’ve been overlooked. In fact, those like Westpac, even exited.

I see what you are saying in some of your points, but you’ve only highlighted very artificial and aesthetically pleasing finds, without giving proper consideration to the underlying.

you are comparing two players in the same challenging environment and with weak balance sheets, operating in a materially deteriorating market for financially reliant businesses.

interest rate risk and credit risk continue to increase, and what you’ve not discussed, is the mitigating factors (If they even are any) for investors to consider.

With a slowing US user base, a strained balance sheet from expansion and rebrands/promotions, there is increased risk of another capital raise too - which if the HY shows blown out expenses and more loss, will moot your point about insto and fund investors coming in. It also needs to be asked whether there is any more dilution risk for holders.

into the next 6-12 months, it looks to me like the smaller BNPL will continue to really struggle