@NollMac
The fundamental model of ZIP has been to lend smaller amount (i.e. 1000 line of credit) to more people, rather than lend 5000 to 5 times less people, i understand they do lend more on some occassions, but crossboard assumption of 1000 line of credit is good assumption to work around imo...
I try to point out ZIP model is less riskier than other more aggressive lenders as 1000 is small amount to write off to flush out bad creditors... but, thats big BUT, they will need to work out how many people in australia is somehow short of 1000 dollar to pay bill and willing to pay $6monthly or 7.2% interest rate to keep that 1000 account...
All my other assumptions are correct in a sense capture the concept of business model imo.
- Forums
- ASX - By Stock
- Ann: Zip hits the bullseye with Target
@NollMac The fundamental model of ZIP has been to lend smaller...
Featured News
Add ZIP (ASX) to my watchlist
|
|||||
Last
$1.72 |
Change
-0.040(2.27%) |
Mkt cap ! $1.937B |
Open | High | Low | Value | Volume |
$1.80 | $1.83 | $1.70 | $26.91M | 15.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5000 | $1.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.73 | 15000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5000 | 1.715 |
10 | 163277 | 1.710 |
9 | 209337 | 1.705 |
27 | 459980 | 1.700 |
12 | 200320 | 1.695 |
Price($) | Vol. | No. |
---|---|---|
1.725 | 15000 | 2 |
1.730 | 150716 | 11 |
1.735 | 132967 | 7 |
1.740 | 464179 | 20 |
1.745 | 60135 | 2 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
HCH
Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
ZIP (ASX) Chart |