Worst stock of 2021, page-85

People needs to understand Z1P still have biggest presence in Australia and if we look at July -SEP quarter, Business are not open in NSW and VIC and many other parts of the country. Merchant base for Z1p is set of businesses effected most. Current share price is factoring anticipated bad quarter. US is there and that's why z1p hasn't gone down to 6 mark. UK will be interesting to see if there is any traction in TTV .

what's positive out of it?

1> Share price seems to have strong support around 6.60 mark.
2> No real positive news around Klarna or BOA holding but will be catalyst in Sep final reporting.
3> Left right and Centre competitors are getting snapped or strategic partnerships are being formed. ( Square/ATP , Affarm/Amazon)
Its matter of time for Z1P ( Credit card companies , Paypal, CBA, Klarna, Ebay US , Facebook (you never know) or even one of the AUSSIE banks might need to evolve as Gen Z bank )
4> Technical rebound /Valuation Catchup
5> Shorts are still around 9.5% . I am sure there will be some covering to book profit !!