ZIP 1.51% $3.36 zip co limited..

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

  1. 4,337 Posts.
    lightbulb Created with Sketch. 1945
    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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Last
$3.36
Change
0.050(1.51%)
Mkt cap ! $4.373B
Open High Low Value Volume
$3.31 $3.40 $3.26 $37.72M 11.25M

Buyers (Bids)

No. Vol. Price($)
2 60746 $3.35
 

Sellers (Offers)

Price($) Vol. No.
$3.36 483130 6
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ZIP (ASX) Chart
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