Great results overseas but will be interesting to see if that momentum can continue into the next quarters.
ANZ growth is very disappointing @ 14% increase in revenue quarter on quarter and 43% increase year on year.
Pretty hard to see anymore growth in Australia.
Anyhow, as I have previously said the only way Z1p could grow at such a fast rate was to buy businesses overseas.
Did they pay too much for these businesses?
ROI? NIL for years in my opinion.
Customer and merchant growth in ANZ - abysmal.
I will be shorting just after the open.
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