Chart - Z1P, page-15021

Lol with the clowns running this shit show anything is possible.

My view which is reinforced by all the other BNPL that have updated the market cash burn increased exponentially in Quarter 2 despite strong top line growth.

They in the most part have 2 or 3 quarters cash left and many will not be able to raise further funds due to low share prices and liquidity as it's not even attractive to shorting houses.

Zip probably has three quarters of cash left but the board effectively have placed shareholders balls in a vice with the 500 million of convertible notes owned by hedge funds.

They will short relentlessly to recover their investment and make a profit and I note the hopefull posts about short interest reducing but this is only a temporary relief as hedge funds close out and re short at higher levels.

I don't know what their end game is but the lower the share price gets the less viable it is for them to keep churning the shares.

They may well decide to drive it lower to make cap raising impossible and eventual liquidation.

We know the financials are going to be horrible and there may be a bounce on short closing after sell off until the market realises they are going bust without further capital