Depends if you’re prepared to lose a large percentage of your investment for a period of time. Not saying it will happen, but there’s no guarantee the SP will continue to increase every week.
As other people have stated, it may go up 10% one week and go down 20% the week after. Unfortunately this stock in particular is a bit of a rollercoaster. You also need to realise the profits/loss aren’t yours until you take it out.
I personally think this company has a stupid amount of potential, and expect it to get back to $10+ before the end of the year or Jan/Feb.
Btw Motley change their position on BNPL companies every second day.
Ann: Quarterly Update, page-356
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Last
$2.62 |
Change
-0.040(1.50%) |
Mkt cap ! $3.420B | |||
| Open | High | Low | Value | Volume |
| $2.68 | $2.68 | $2.53 | $33.12M | 12.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 68790 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.63 | 264643 | 10 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |