That’s because you bulls keep supporting a scam company. Look at Affirm another BNPL fail. Interest rates are now 2% on 10 year US government bonds, so your borrowing cost is increasing, your bad debt is increasing and your growth is stalling as competition increases. Block will have to write off a huge chunk of their Afterpay investment. The BNPL companies are illiquid they require more borrowing and sucking in more people to fuel their ever increasing losses.
That’s because you bulls keep supporting a scam company. Look at...
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Last
$116.99 |
Change
10.970(10.4%) |
Mkt cap ! $4.400B | |||
| Open | High | Low | Value | Volume |
| $116.00 | $117.04 | $115.11 | $42.53M | 379.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 93 | $116.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $117.02 | 87 | 8 |
View Market Depth
| Last trade - 12.32pm 03/05/2024 (20 minute delay) ? |
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Last
$117.33 |
Change
10.970 ( 10.5 %) |
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| Open | High | Low | Volume | ||
| $115.39 | $117.35 | $115.23 | 16104 | ||
| Last updated 12.52pm 03/05/2024 ? | |||||
| SQ2 (ASX) Chart |