I don't think so. The model they run does not require more administration for more lenders. Its all automated and like X can run on a skeleton crew. More lenders more revenue and more profits. The higher the interest rate the better ZIP does with their no interest lending. So unlike a few posts pre-interest rate cut that thought this might help ZIP that is not the case.
And how are they getting squeezed?
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Last
$2.76 |
Change
-0.110(3.83%) |
Mkt cap ! $3.578B |
Open | High | Low | Value | Volume |
$2.78 | $2.82 | $2.71 | $36.96M | 13.38M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 102113 | $2.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.77 | 162980 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 110455 | 2.760 |
32 | 174207 | 2.750 |
20 | 188527 | 2.740 |
23 | 317417 | 2.730 |
37 | 475064 | 2.720 |
Price($) | Vol. | No. |
---|---|---|
2.770 | 142127 | 17 |
2.780 | 388111 | 32 |
2.790 | 222279 | 20 |
2.800 | 391289 | 31 |
2.810 | 381355 | 11 |
Last trade - 14.50pm 23/06/2025 (20 minute delay) ? |
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ZIP (ASX) Chart |