Z1P - The Rise To $15.00, page-114

SZL is dropping far faster than Z1P. A race to the bottom.
Both will end up folding now that the big banks have taken over.

It was all over the news tonight that the banks were all doing interest free credit cards which can be used everywhere.
Problem with Z1P is it relies on on line stores that add their system to the billing.

Come October the senate gets a report on buy now pay later from the ACCC.

Come September 28 the programs get cut back for jobkeeper and the like and again in the new year which means
less money in peoples pockets to spend.

Sooner or later the virus will eventually be sorted out and people will go back to buying in stores
and that will also effect Z1P but can't see them lasting that long now.

Problem with Z1P management is that appear to have given up and have no idea how to counter
the banks.

One way would be also having a credit card with interest free or do what SPT are doing which works
with anyone with a credit card.

While Z1P and SZL fall away I suspect SPT will do far better. While SZL and Z1P have been falling the
past two weeks SPT has been steadily rising.

More will cut their loses like Westpac is doing shedding shares in Z1P and back to the banks they will flow.