Well said Bedger….the truly bizarre thing is old Alpha went from ramping ZIP excessively to down ramping excessively! A mixed up dude. Next thing he will be supporting ZIP again when their SP recovers.
I am just going to leave this news story here about affirm but discusses the global BNPL industry and mentions ZIP ….what does it say…hmm BNPL is still growing in the longer term and not going away.
Those helpful people here saying BNPL is going to die and you can’t make money from BNPL are truly special! Especially when ZIP have improved their net position over the last 12 months by around 100million dollars and as end of June cash flow positive. There is no arguing around that…ZIP has moved from mass negative cash flow position to cash flow positive these last 12 months.
BNPL to grow further globally…step off downrampers!
https://www.globenewswire.com/news-release/2023/08/28/2732772/0/en/Affirm-s-Stellar-Q4-Performance-Echoes-Global-BNPL-Report-s-Forecasted-Growth.html
CASH FLOW POSITIVE PARTY, page-161
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Last
$3.25 |
Change
0.140(4.50%) |
Mkt cap ! $4.243B | |||
| Open | High | Low | Value | Volume |
| $3.14 | $3.27 | $3.09 | $45.60M | 14.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8794 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 36106 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |