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2.41%

$1.42 zip co limited..

In the meantime, I bought some bags for some of the holders...

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stonks92

2,331 Posts.

239

25/05/24

07:54

Post #: 74003679
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Originally posted by Tekvest: ↑

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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In the meantime, I bought some bags for some of the holders here.

ZIP Price at posting: $1.21 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $1.42		Change -0.035(2.41%)		Mkt cap ! $1.630B

Open	High	Low	Value	Volume
$1.46	$1.46	$1.41	$9.688M	6.761M

Buyers (Bids)

No.	Vol.	Price($)
11	34920	$1.42

Sellers (Offers)

Price($)	Vol.	No.
$1.42	47735	29

View Market Depth

No.	Vol.	Price($)
11	34309	1.415
20	138236	1.410
16	129220	1.405
22	177589	1.400
6	47920	1.395

Price($)	Vol.	No.
1.420	56883	32
1.425	112386	29
1.430	132325	16
1.435	279182	15
1.440	59585	10

Last trade - 12.19pm 17/06/2024 (20 minute delay)


Last $1.41			Change -0.035 ( 2.57 %)
Open	High		Low	Volume
$1.46	$1.46		$1.41	2629745
Last updated 12.39pm 17/06/2024 ?

ZIP (ASX) Chart