Missed the results conference call.
Just for some perspective ZIP announced its results today a loss of $241 million for theDecember half.
At least I know Hum Group will have a better H2 and make money.
ZIP will need to raise a whole lot more capital if it is to even stay in business. It currently carries over $2 billion in accumulated losses. who would want to invest in that business given the economic headwinds of high inflation and increasing funding costs.
Ann: HUM - financial results briefing for HY ended 31 Dec 2022, page-45
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