Couple telling signs and financial adjustments pointing towards M&A right now:
- Various Instos have been positioning themselves during the back half of this year - ZIP firmly denying rumors of exiting the US market (why would instos have any priority information ) - Long standing CEO and head of US operations stepping aside with very little reaction from the substantial holders - AUD sitting at lows - Zip’s stock trading at a price/earnings (forecast next twelve months) discount to its larger strategic peers like Affirm and Klarna - Money market finally waking up globally after years of virtually nothing - U.S. Growth: revenue growing 50% year-on-year and transaction volumes increasing by 44% in Q3 2024. - Index inclusion: will we be seeing a rebalance soon?
ZIP Price at posting:
$3.45 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)