ZIP 10.3% $1.45 zip co limited..

I think you're on the money stonks. ZIP needs to carefully...

  1. 7,745 Posts.
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    I think you're on the money stonks. ZIP needs to carefully manage itself while it continues to try to find a profitable business model, it cannot risk escalated arrears in a market where it chases the riskiest customers of all. Interest rates have moved from close to zero to mid range 4 to 4.5%, but the margin that lenders demand on top of the bill rate in one recent refinance was double that, resulting in 12.95%. As economies are shuttered by high rates to stamp out inflation, so too do risks of elevated arrears, push back from authorities, merchants and customers about fees. The best hope IMO is for ZIP to soldier on toward takeover or merger when the industry feels the heat




 
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Last
$1.45
Change
0.135(10.3%)
Mkt cap ! $1.633B
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$1.33 $1.46 $1.30 $29.57M 21.35M

Buyers (Bids)

No. Vol. Price($)
2 11630 $1.45
 

Sellers (Offers)

Price($) Vol. No.
$1.46 92904 6
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
$1.45
  Change
0.135 ( 9.52 %)
Open High Low Volume
$1.32 $1.46 $1.30 6943845
Last updated 15.59pm 14/06/2024 ?
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