Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-2025

$14 was over valued and before there were inflation and interest rate concerns.

I don't think rates going up are good for Zip at all - but a silver lining is that in high interest rate environments you can potentially attract new customers as they are struggling more.

But undoubtedly interest rates going down is great news for Zip! Reduces the cost of borrowing and increases margins, and customers that we obtained during the interest rate hikes are no longer struggling and can pay back their debt and hopefully most of them keep using Zip.

And Zip was 24 cents not long ago, and the latest report shows very promising signs. I suspect most people here have an average price of less than $1 so very exciting to see it double in share price over the last couple months, and hopefully continue upwards to $2+ over the next 12 months which is what I expect.