ZIP 1.45% $1.70 zip co limited..

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  1. 1,573 Posts.
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    It is just sector rotation. Your bank shares should be looking better now. Money is rotating into bank shares. I have equal investment in banks and BNPL. Let's keep our fingers crossed, we may started to get dividends from banks by the end of next year. WBC did announce a 35cents dividend today. In this low interest environment, bank shares can only go up for retirees dependent on dividends with franking. I just hope that your cost for Z1P is less than $5.55. Mine was $5.08. Many may well flow into VCX too, Chadstone seems to be doing well. Definitely, a buy, the moment an effective vaccine is announced. Be very patient.
    Last edited by Abram: 02/11/20
 
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