ZIP 2.70% $2.16 zip co limited..

Daily Price Movement / General Discussion, page-42812

  1. 4,305 Posts.
    lightbulb Created with Sketch. 1921
    What you don't get gops is the platform fees and late fees are not presented on the website landing page or even if you still down a few pages.

    You actually have to search for it so people are signing up without being aware of it.

    Only the very stupid would be repeat users and that's is why they are spending hundreds of millions on marketing to try to recruit new customers to replace the high churn levels of customers droppingvofctge system.

    Im guessing the platform fees which are a major part of their revenue may be ncluded in TTV as there is not a seperate line ( may only be included in income though) regardless it's a major part of their income and not sustainable.

    i would suspect either A) it will be outlawed or B) they will realise churn is to high and drop it.

    In any event a business built in these principles is not sustainable.
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$2.16
Change
-0.060(2.70%)
Mkt cap ! $2.803B
Open High Low Value Volume
$2.14 $2.20 $2.12 $27.01M 12.55M

Buyers (Bids)

No. Vol. Price($)
2 15000 $2.15
 

Sellers (Offers)

Price($) Vol. No.
$2.16 117293 4
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.