Yes, given the AUD/USD exchange rate and the fact that ZIP’s future profits and future stock price is predominantly tied to the U.S. market, there’s a significant takeover target on our backs. For long-term holders who purchased shares at $0.50 or below, such a scenario could prove highly profitable—perhaps even more profitable (it's been unbelievably good already).That being said, I used to get caught up in takeover speculation particularly early this year with AFR article, but ultimately, it will be what it will be.
Aus markets are trading sideways—let's see what happens. Trump is a wildcard, especially if he imposes tariffs on imported goods, which obviously makes up a major component of the BNPL purchases. That said, the fact that U.S. markets are responding positively to BNPL following Trump's election does bode well, at least if we focus solely on the bottom lines of our trading accounts.
Post Trump Election
ZIP Price at posting:
$3.24 Sentiment: Hold Disclosure: Held
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