Let's assume your logic is correct. Given that Apple doesn't do credit checks, they need to acquire Zip to operate in AU and NZ and probably soon in Canada and then US. Also Apple is going to have similar challenges that Zip has when it comes to bad debt.
Do your research. Just my opinion.
Ann: Convertible Notes Update, page-28
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Last
$3.36 |
Change
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Mkt cap ! $4.386B | |||
| Open | High | Low | Value | Volume |
| $3.31 | $3.40 | $3.26 | $37.72M | 11.25M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 800 | $3.34 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 284106 | 2 |
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| ZIP (ASX) Chart |