there is a factor here that everyone is missing, the word recession strikes fear into the minds of all who have a share portfolio or if you have a mortgage and need employment, and so the picture of a trader on the floor staring at the screen with a stressed look of constipation on the face isn't a new image it's been played a lot over the last year, and everyone is calling for the worst depression we have had in eternity. Some love the drama.
But there are a few key differences even with the housing depression of 2007 compared to now, the world population in 2007 was 6 705 946 610 and the world population in 2021 was 7 877 485 376 which means since 2007 there are 11 715 387 more people in the world and I know that projection for 2022 is over 8 billion people and people need to eat and shop and consume to reproduce and if the population keeps getting bigger it is good for a company like ZIP in the credit sector that will keep making a great profit as populations all have wants and needs, and some places like Australia seem to endure these depression-like times seemingly better.
look at the Covid pandemic I see lots of people out and about shopping now, no masks. no restrictions and the ones who are sick with covid are not a large % of our population at all, it's our health system that needs to cope better with the rising population, Australia has had a large intake of immigration over the last 20 years.
I disagree with the doomsday squeezy notion. It's just supply and demand and ZIP doesn't have a lot of competition anymore, I think we are onto something good if you buy and hold LT.
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ZIP
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$4.44

Biggest short squeeze in history, on it's way, page-224
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Last
$4.44 |
Change
-0.125(2.74%) |
Mkt cap ! $5.886B |
Open | High | Low | Value | Volume |
$4.51 | $4.54 | $4.43 | $10.06M | 2.249M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 161337 | $4.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.44 | 7714 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 151251 | 4.430 |
20 | 196365 | 4.420 |
26 | 175494 | 4.410 |
42 | 315986 | 4.400 |
14 | 178527 | 4.390 |
Price($) | Vol. | No. |
---|---|---|
4.440 | 29625 | 30 |
4.450 | 62591 | 31 |
4.460 | 79061 | 17 |
4.470 | 122733 | 21 |
4.480 | 109198 | 19 |
Last trade - 10.41am 17/09/2025 (20 minute delay) ? |
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ZIP (ASX) Chart |