ZIP 13.5% $2.19 zip co limited..

Daily Price Movement / General Discussion, page-40439

  1. 4,305 Posts.
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    That is far from the truth it's not funny.

    Nearly all of the key metrics are going in the wrong direction.

    1. Bad Debts
    2. Bank charges and data costs
    3. Customer acquisition costs
    4. Transaction value per transaction

    The Ponzi scheme can only survive if growth is exponential but latest results highlight growth is slowing dramatically.

    With bad debts and credit provisions being 31% of nett income as shown in latest financial figures there is no way this company can make a profit with all the key metrics trending in the wrong direction.

    i would not be at all surprised if this figure is circa 50% in the next accounts.

 
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