zip already profitable...
it just dumb ex ceo screw up during covid...
he spent so much money on buying other bnpl....
he cant sell the business since no one want to buy it...
he cant keep the business from running because burning cash...
india, middle east ,latin America ...all those bnpl we brought have closed down...
we got only Australian / new Zealand and usa......
zip margin are low due to interest rates...
but i think at current market cap... zip should do well once everything settle down...
we wont be going anywhere near $14 every again lol...
even $2 is like years and years away....
all sp being destroyed....
dollar cost average... and pray
Zip Co remains popular with savvy customers as it narrows loss by 60pc, page-152
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Last
$1.46 |
Change
-0.035(2.34%) |
Mkt cap ! $1.644B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.54 | $1.45 | $19.96M | 13.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 104211 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 50000 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |