I understand that point and it is worth keeping in mind.
The contrarian view is that ZiP is tied to retail spend which will not be affected.
A user of Zip is not going to say "Hey, the market is in correction let me not use Zippay"
In a post covid world you will see more and more people venturing out. There will be massive retail spend fueled by an increase in disposable income.
Daily Price Movement / General Discussion, page-3769
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Last
$2.21 |
Change
0.100(4.74%) |
Mkt cap ! $2.885B | |||
| Open | High | Low | Value | Volume |
| $2.16 | $2.23 | $2.15 | $12.54M | 5.726M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 100453 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.21 | 18738 | 5 |
View Market Depth
| Last trade - 10.52am 12/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |