Nothing you said is new. High interest rate and debt have already been priced in. Look at the current mc. You can't use the same reasons to short a company when sp was $5, $2 and 50c.
The fact is interest rate hike pause is coming soon and potentially drop in early 2024(or late 2023). The last ann shows the company is on the right direction. Both indicates the worst days are almost over. Things could change very soon, remember stock market is always forward looking. after a spike, cr at 80c - $1 in late 2023 could save Zip.
What will be the sp if Zip able to turn positive cash flow in 2024 and interest rate starts to drop? Worst case Zip may not be able to survive. However I don't agree no one wants to buy Zip. You can't just pay attention to our debt. If Block bought Zip, at least in auz, afterpay will be pretty much the only choice for those companies who need bnpl service and any new customers when economy getting better in coming years.
I bought 1m shares 2 weeks ago when mc was under 400m. imo when mc is this low, investors should focus more on the opportunities and potentials rather than risks.
Nothing you said is new. High interest rate and debt have...
-
- There are more pages in this discussion • 113 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.24 |
Change
0.050(2.28%) |
Mkt cap ! $2.835B | |||
| Open | High | Low | Value | Volume |
| $2.20 | $2.30 | $2.18 | $41.43M | 18.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 33224 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 160943 | 10 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |