MF also said this today3 ASX All Ord shares at risk if inflation storms back
- Zip Co Ltd (ASX: ZIP)
Zip carries a lot of debt to facilitate buy now and pay later purchases. Meanwhile, Finbar Group holds $282 million worth of debt to construct apartment buildings. Lastly, Elanor is heavily indebted to finance its real estate portfolio.
If rates were to rise again, consumer spending would deteriorate further. That's a bad situation for a BNPL company, leveraged cash-tight constructors, and REITs with a heavy skew towards retail property.
$2 PARTY, page-5136
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Last
$1.89 |
Change
-0.125(6.22%) |
Mkt cap ! $2.385B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.98 | $1.85 | $54.15M | 28.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 639873 | $1.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 149904 | 4 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |