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$1.26 zip co limited..

Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-30

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24/10/23

09:59

Post #: 70499222
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Originally posted by Goodfella58: ↑

The stemming of the continual cash burn is a huge positive as it knocks an imminent capital raise on the head but they are not a tech company and no longer global.

They are no more and no less than an ANZ/ America's FSP and command nothing more than a PE of 10-12 as per the sector, so only to justify the current market cap they need to be producing $20 million annual post tax profit not the bullshit EBTDA metric they keep relying on.

Quite clearly the ANZ business has peaked and is in decline and arrears and bad debts are trending upwards again.

Having said that its the first result i have seen that reflects having professional management in control which has been missing in the last 13 years.

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Time to go long GF

ZIP Price at posting: 30.0¢ Sentiment: None Disclosure: Held
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0 Great analysis

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(20min delay)
Last $1.26		Change 0.000(0.00%)		Mkt cap ! $1.419B

Open	High	Low	Value	Volume
$1.27	$1.27	$1.26	$243.8K	192.4K

Buyers (Bids)

No.	Vol.	Price($)
9	126827	$1.26

Sellers (Offers)

Price($)	Vol.	No.
$1.26	1747	5

View Market Depth

No.	Vol.	Price($)
3	59572	1.265
4	39973	1.260
9	137607	1.255
30	478212	1.250
5	73200	1.245

Price($)	Vol.	No.
1.270	81220	7
1.275	90161	4
1.280	137032	7
1.285	119139	3
1.290	107022	11

Last trade - 10.10am 21/05/2024 (20 minute delay)


Last $1.26			Change 0.000 ( 0.30 %)
Open	High		Low	Volume
$1.27	$1.27		$1.24	391457
Last updated 10.29am 21/05/2024 ?

ZIP (ASX) Chart