ZIP 4.30% $1.82 zip co limited..

Daily Price Movement / General Discussion, page-42704

  1. 313 Posts.
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    Say you are a first time investor in the BNPL space and wanted some exposure to the sector, would Z1P be a good stock start accumulating at these levels under current market conditions?

    The SP has been smashed in recent months due to market sentiment for the whole sector globally and rising bond yields, however the company isn't going anywhere just yet. These tougher conditions are likely to minimise the threat of new entrants and possible reduce the number of active players in the space (tighter supply).

    There is a lot of pain and anxiety for anyone who has held Z1P over the last 6m as their main investment ( or only holding), however if you're looking to get into the BNPL space today Z1P will soon to be the largest global BNPL company on the ASX being offered at a much more affordable SP than 6m ago (better value).

    The stock has been on sale for month allowing the market to get in at levels current holders wish they could average. For anyone looking to get in on a good a strong company like Z1P in a falling market like I have, it's a lot less stressful buying the stock in multiple tranches (averaging down) over going all in trying to pick the bottom. It just means you can get to your maximum exposure at a reduced level of risk risk.

    BUY THE DIP!

    See you all at the top.
 
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Last
$1.82
Change
0.075(4.30%)
Mkt cap ! $2.050B
Open High Low Value Volume
$1.77 $1.82 $1.72 $39.81M 22.44M

Buyers (Bids)

No. Vol. Price($)
1 2000 $1.81
 

Sellers (Offers)

Price($) Vol. No.
$1.82 126671 13
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
ZIP (ASX) Chart
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