Definitely a 'dead cat bounce' on Friday and given the market overnight, Tuesday morning is likely to show that a defibrillator is not bringing this cat back to life- as I have stated numerous times to friends over the past few years that BNPL is a flawed business model and will inevitably collapse as it is relying on the wrong end of the market and bad debt is the most likely outcome. Sub $1 next week and the death spiral continues - flashbacks to 1999!
Definitely a 'dead cat bounce' on Friday and given the market...
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Last
$1.50 |
Change
0.085(6.03%) |
Mkt cap ! $1.684B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.50 | $1.40 | $22.39M | 15.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16337 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 255886 | 9 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |