ZIP 2.85% $2.35 zip co limited..

Ann: Q2 FY22 - Zip momentum continues, page-16

  1. 4,657 Posts.
    lightbulb Created with Sketch. 595
    How can you say this is a signal that net debt will come down next quarter:

    https://hotcopper.com.au/data/attachments/4002/4002982-a572239926648b7989f90096b60a3a67.jpg

    Both net bad debt and receivables have both gone up materially.

    Think you will find this is the opposite of what you think.

    Again, bad debts are a massive issue. This is a very meh report.

    Anyone thinking there will be a jump in share price based on this update is kidding themselves.
 
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