That is the barrier to entry MrMooo. Having much greater penetration than similar competing offers. If a new Paypal come out tomorrow with half the fees would you even know about it let alone consider it a reasonable alternative?
We will see a new bottom but again the bottom is not important if you consider yourself an owner of the company. Buy companies not shares.
Is it more important that Z1P capture greater market share or increase profitability?
You are an owner. Think of it from the perspective of a company owner. If a big announcement comes at open of market Tuesday or in August does it even matter?
If you believe in the management, the returns are in the long haul.......
$10 Party, page-784
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Last
$1.65 |
Change
-0.040(2.37%) |
Mkt cap ! $1.858B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.66 | $1.60 | $24.14M | 14.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 144386 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 170543 | 5 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |