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2.24%

$1.31 zip co limited..

Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-2366

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Fastback6666

1,890 Posts.

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25/03/24

18:16

Post #: 73049424
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Originally posted by Goodfella58: ↑

@ tradinator

So it hit the $1.50 target which was the minimum retrace expected.

Affirm demonstrated a similar pattern and hit a 38.2 retrace but Zip is technically weaker.

Can it hit the same 38.2 percent retrace as Affirm and put it at $5.70 or even 23.6 percent at $3.60.

It would have to be producing $250 million NPAT to justify even the $3.60 share price so this is highly unlikely.

I suggested several months ago that if they can harness AI to slash the cost of originating and processing the loans then this will significantly improve profitability but that is a long way in the future if at all.

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What MC multiple is that based on?

ZIP Price at posting: $1.47 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last $1.31		Change -0.030(2.24%)		Mkt cap ! $1.466B

Open	High	Low	Value	Volume
$1.34	$1.34	$1.30	$5.457M	4.149M

Buyers (Bids)

No.	Vol.	Price($)
1	10502	$1.40

Sellers (Offers)

Price($)	Vol.	No.
$1.22	164614	2

View Market Depth

No.	Vol.	Price($)
1	10502	1.400
5	31538	1.380
3	40400	1.375
5	18803	1.350
1	48756	1.345

Price($)	Vol.	No.
1.220	164614	2
1.240	4577	2
1.245	19227	13
1.275	177	2
1.280	12020	2

Last trade - 15.59pm 13/05/2024 (20 minute delay)


Last $1.31			Change -0.030 ( 2.13 %)
Open	High		Low	Volume
$1.34	$1.34		$1.30	1692527
Last updated 15.59pm 13/05/2024 ?

ZIP (ASX) Chart

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