ZIP 1.19% $1.70 zip co limited..

Tech wreck, page-172

  1. 4,303 Posts.
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    The long awaited US stimulus package will be announced and their will be a relief rally and all the Zip bulls will be lauding what a bargain they bought at, but as I have been pointing out for months the rapid increase in commodity prices has been front running the inflation trade but the markets are not alive to this until bond yields increase and the panic selling begins.

    All the heavily indebted and loss making "tech" stocks will be worst hit as they have no book value or PE to support them.

    The BNPL valuations are about to be decimated as the discount rate in the DCF calculations just got hammered.The companies may continue to onboard worthless low credit customers but they are light years away from profitability if ever
 
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Last
$1.70
Change
0.020(1.19%)
Mkt cap ! $2.151B
Open High Low Value Volume
$1.68 $1.73 $1.64 $28.18M 16.66M

Buyers (Bids)

No. Vol. Price($)
5 99289 $1.70
 

Sellers (Offers)

Price($) Vol. No.
$1.70 116269 2
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Last trade - 16.10pm 07/08/2024 (20 minute delay) ?
ZIP (ASX) Chart
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