It does look dire for ZIP given the macro environment, not saying it's the case but often when co's look like they're shagged is the best buying opportunity.
I'll back ZIP to fail, so won't be buying, but, it may be the opportunity around now. And management rewarding themselves is pretty poor form.
I just don't see how BNPL sector recovers, the printing press has stopped and I think we'll see co's running losses with bad business models / nothing unique go bust. Best case here is a buyout IMO.
Be prepared for under $1, page-29
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 (20min delay)
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Last
$1.41 |
Change
-0.045(3.10%) |
Mkt cap ! $1.582B | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.40 | $17.56M | 12.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 90030 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 114400 | 4 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.40 |
Change
-0.045 ( 3.09 %) |
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| Open | High | Low | Volume | ||
| $1.46 | $1.46 | $1.40 | 4967633 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| ZIP (ASX) Chart |
