I agree with both of you. Back in the 40c range and over the 200MA (currently 47c) by FEB CFP HY Party and also a potential merger some time in FY24 as they've done all the hard work for any acquirer.
Plus like I said yesterday on the Apple Pay Later news, other big players wont let them have all the BNPL action in the US and Zip is an easy target with a tiny $263M market cap. Even at 45c, the market cap goes to $400M which is still cheap.
Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-307
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Last
$2.55 |
Change
-0.070(2.67%) |
Mkt cap ! $3.329B | |||
| Open | High | Low | Value | Volume |
| $2.58 | $2.62 | $2.53 | $15.52M | 6.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9615 | $2.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.56 | 58215 | 6 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |