I have more belief in zip as a consumer. it meets my needs
but I have reservations about its ability to prudently grow it's book.
getting growth is very very easy, just lower your credit standards/credit assessment requirements
this is the concern...growing the book while capping the loss rate
they haven't demonstrated an ability to do this.
so I'm hopeful... if next quarter sees another increase then I'm out as an investor but will continue being a customer
$8 Party, page-140
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$1.70 |
Change
-0.025(1.45%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5300 | $1.70 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 86880 | 4 |
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| ZIP (ASX) Chart |