The debt bomb hasn't even gone off yet.
Hundreds of millions of consumers globally who can't pay their credit card debt back is going to bite bnpl HARD.
Zip will be 25 cents by October 2024 because there is no upside in this economy.
There has to be a forecast of sunshine for tomorrow in order for investors to borrow and in order for banks to lend but for the rest of this year and well into 2025, people are relying on credit cards and BNPL to buy food.
There's not going to be a boost from the ski season these next few months- people aren't going to use ZIP to party.
You pumpers need to show why people are going to use their Zip in a manner that benefits Zip. I can't see the silver lining and neither can any investment analyst so, meh, you're full of it.
The debt bomb hasn't even gone off yet. Hundreds of millions of...
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Last
$1.26 |
Change
-0.035(2.71%) |
Mkt cap ! $1.416B | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.32 | $1.25 | $8.336M | 6.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 477861 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 7160 | 1 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$1.25 |
Change
-0.035 ( 3.07 %) |
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| Open | High | Low | Volume | ||
| $1.31 | $1.32 | $1.25 | 1971399 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| ZIP (ASX) Chart |