ZIP 0.36% $2.79 zip co limited..

Ann: Trading Halt, page-51

  1. 10 Posts.
    My personal opinion ZIP is and should only be a max $5billion market cap stock, which should be somewhere between $7-8 per share. I haven't looked at any of the financial statements recently, but where is management spending all this money they have been raising? I know they have been expanding (inorganically) but shouldn't they sure up the core business first?

    I personally don't believe that it will get back to those levels anytime soon. Management isn't doing enough to provide the consumer information on how to get the BNPL system working for them. Unfortunately, this system has or will soon end up in the same boat as credit cards where only certain people will be able to leverage them to their advantage.

    For example, I don't need to use these products but I still do, mainly so I don't necessarily need to pay a lump sum. Gives me the opportunity to push more cash into investments regularly.
 
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