and if also if you think the acquisition costs aren’t a concern, which I’m neutral at this stage, then that says you’ve not been looking closely enough
inorganic growth into worsening macro conditions, and the largest acquisition comes from the US which had 3 consecutive slowed customer growth, and recently a slowing in TTV (which all results in impacting bottom line)
add the cost of the rebrand, marketing and promotion (including referral fees) and it makes the Afterpay deal look a steal
only time will tell, but to think there’s no alarm bells or concerns, means you know more than the long list of investors, sophs, instos and funds, who’ve all avoided zip so far.
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3 | 2884 | 2.730 |
11 | 124285 | 2.720 |
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14 | 217134 | 2.700 |
Price($) | Vol. | No. |
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