key word is "everyone". If everyone can easily do it and be able to offer what is essentially lay buy to their customers why do you need zip?
Low barriers to entry and low margins make for a tiny moat.
Zip is currently being rerated to what is should be worth...less than $1
Daily Price Movement / General Discussion, page-44177
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Last
$1.70 |
Change
-0.090(5.04%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.78 | $1.69 | $129.7M | 75.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 93847 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 556968 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |