Goodness.
This whole sector was nothing more than a novelty for a period. It's days are done. There is not big money to be made - that was only ever available in the highly speculative covid years. If you didn't make your bags on BNPL then, it's not happening now. There is no bounce for ZIP and SZL.
See Zips latest announcement - $600 odd million in losses for the year (at least the losses are less than previous year though right) Maybe $150M or thereabouts left in cash - then they'll need to raise again.....from where ? Big cash handouts for that crew are done.
The one thing you are right about is not leaving your money in SPT - unless it's now just become nothing more than pocket money or an unsaleable parcel ! Think I was telling people to get out at $1.40-ish - but was shot down. Let the PE equity firms come and do whatever it is they want to do to the company - maybe they'll just use the shell of the company to reverse list as something else.
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