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Goodfella58

4,305 Posts.

1921

02/05/21

09:13

Post #: 52874227
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Originally posted by Goodfella58: ↑

Of course their major costs are customer acquisition and retention and bad debts, the scalable reductions in tech etc are not a relevant proportion of costs.

In fact marketing costs are increasing and as competitive pricing puts more downward pressure on margins any scalability savibgs will be negated.

Here is a long term chart of the ASX notice the divergence in the indicators and as we approach upper trendline expect a return to lower trendline around 6000 but also note the sloppy overlapping action since the end of the GFC.

For my money if we take out that lower trendline we will not only take out the March 2020 lows but also retest the GFC lows

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Z1P Price at posting: $8.06 Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last $2.17		Change -0.020(0.91%)		Mkt cap ! $2.835B

Open	High	Low	Value	Volume
$2.15	$2.21	$2.10	$17.82M	8.288M

Buyers (Bids)

No.	Vol.	Price($)
71	195231	$2.16

Sellers (Offers)

Price($)	Vol.	No.
$2.17	195466	92

View Market Depth

No.	Vol.	Price($)
58	133564	2.160
32	260282	2.150
24	182293	2.140
26	333085	2.130
20	375395	2.120

Price($)	Vol.	No.
2.170	202571	92
2.180	153178	26
2.190	381660	32
2.200	356994	33
2.210	217165	16

Last trade - 15.14pm 22/08/2024 (20 minute delay)

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