ZIP 6.22% $1.89 zip co limited..

Daily Price Movement / General Discussion, page-28812

  1. 8,124 Posts.
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    the main investment thesis driving many here, including myself, is the valuation discrepancy piece

    we all recognise that based on metrics and the fundamentals compared to peers, we should be trading much higher.

    this has been the argument since we were back in the $1-$2 range and APT stormed into the $7,$8,$9 and so forth.

    zip have done a great job getting to this stage from start up, however it is difficult to remain patient in a bull market where even the large caps are into double digit SP growth

    the Quadpay team did a fantastic job and sold (I think) for a higher multiple than we currently trade - those guys had a plan, like APT, and executed it to perfection.

    sitting around waiting for the shorts to dissipate and the funds and instos to rush in, knowing we’re trading so cheaply, is a very risky game
 
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