ZIP 4.30% $1.82 zip co limited..

Once Zip falls another 15 percent to close the gap at $3.74 it...

  1. 4,250 Posts.
    lightbulb Created with Sketch. 1867
    Once Zip falls another 15 percent to close the gap at $3.74 it is still valued at over $2 billion dollars.

    For a company that posts increasing losses every year a valuation of TWO THOUSAND MILLION dollars is ludicrous especially as they cannot demonstrate any path to profitability.

    Then taking into account further dilution from Twisto and Spotti acquisitions even if it falls to $3 the valuation will still be ludicrously high.

    When they.aporoach insititutional investors for their next Credit Raise if they crunch the numbers I can't see any takers at over $1.50-$2.00 range.

    When sentiment changes prices often fall not only to but below CR price aka Liontown raised at $1.65 and now trading at $1.45.

    But Zip won't go bust before Sezzle as they rely on deferred payment to merchants who when aware of the share price being savaged could demand earlier payment or just stop accepting Sezzle
 
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Last
$1.82
Change
0.075(4.30%)
Mkt cap ! $2.050B
Open High Low Value Volume
$1.77 $1.82 $1.72 $39.81M 22.44M

Buyers (Bids)

No. Vol. Price($)
1 2000 $1.81
 

Sellers (Offers)

Price($) Vol. No.
$1.82 126671 13
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
ZIP (ASX) Chart
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