$2 would be a nice T/O price. I think what I said yesterday about Klarna buying Zip before their IPO would be best for their current investors. BNPL is now getting a lot of attention in the media after Black Friday weekend and if Klarna bought cash flow positive Zip before listing their IPO, it will just make more investors desperate to buy it when it lists in the US or Europe. They could easily just add another couple of billion to their IPO valuation next year when they list and it will be eaten up by the public who want in.
Now that sentiment is changing towards fintech, If they don't do it, someone else will
Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-2309
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$3.14 |
Change
0.190(6.44%) |
Mkt cap ! $4.099B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.20 | $3.02 | $54.05M | 17.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 27580 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 137294 | 3 |
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