I agree with both of you. Back in the 40c range and over the 200MA (currently 47c) by FEB CFP HY Party and also a potential merger some time in FY24 as they've done all the hard work for any acquirer.
Plus like I said yesterday on the Apple Pay Later news, other big players wont let them have all the BNPL action in the US and Zip is an easy target with a tiny $263M market cap. Even at 45c, the market cap goes to $400M which is still cheap.
Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-307
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Last
$1.63 |
Change
-0.060(3.55%) |
Mkt cap ! $1.904B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.66 | $1.60 | $8.895M | 5.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 26148 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 73509 | 10 |
View Market Depth
| Last trade - 10.40am 05/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |