There are many other factors too - Affirm is well advanced in its 'term lending' - it has been skiving off large interest differentials for a long time, whereas ZIP is new to it and has a heavy interest disvount offer to try to convert its BNPL customers to rev credit. Affirm has a big fat Balance Sheet with significant shareholder equity, ZIPs is just an empty shell with a lot of debt and no equity. Making unprofitable sales will not make for an exciting business and growing a loan book is hardly a challenge.
There are many other factors too - Affirm is well advanced in...
-
- There are more pages in this discussion • 899 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.40 |
Change
0.120(5.26%) |
Mkt cap ! $3.114B | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.43 | $2.25 | $56.09M | 23.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.40 | 231123 | 22 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |