ZIP 2.34% $1.46 zip co limited..

Welcome, beware there are plenty of clowns around some posting...

  1. 981 Posts.
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    Welcome, beware there are plenty of clowns around some posting 24*7.

    https://hotcopper.com.au/data/attachments/6155/6155768-7a05964a1300f7e3e982b2b8eb152f02.jpg

    Personally, I don't worry too much about retail spending. ZIP isn't at saturation point like Walmart; what ZIP needs is a larger and cheaper source of funds so it can capture another 2% of the addressable U.S. market, if it can do this it could once again become a $4 billion company within 18~24 months. However, if the cost of money rises and ZIP is unable to expand due to higher charges, causing consumers to select existing credit cards or other BNPL vendors, then $1.34 will seem expensive.

    Good luck with the ride. Unfortunately with ZIP excitement is guaranteed



    Last edited by FreeFromStyle: 08/05/24
 
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