Zip Co remains popular with savvy customers as it narrows loss by 60pc, page-39

  1. 4,484 Posts.
    lightbulb Created with Sketch. 2023
    At the end of the day the market is a voting machine , and its telling you that no one except you and a few others believe anything that comes out of ZIP as they have failed to fulfil promises to so many times and spectacularly failed in their investment strategy.

    I takes a special kind of idiot to invest $70 million AUD in a shonky Indian Company for a 10 % share without intensive due diligence which would have led them not to invest or even $8 million on the URGE which is no longer operating.

    A company that is going to be cash flow positive does not need to hide $127 million of expenses in Corporate Costs in the segmental analysis with no corresponding revenue to offset it against.

    They have little more than 3 months unrestricted cash left and a waning appetite for further capital raising.

    Any one buying here could lose their entire investment.
 
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(20min delay)
Last
$2.83
Change
0.000(0.00%)
Mkt cap ! $3.653B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 5363 $3.05
 

Sellers (Offers)

Price($) Vol. No.
$2.62 37 1
View Market Depth
Last trade - 09.46am 16/07/2025 (20 minute delay) ?
ZIP (ASX) Chart
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