Is this a real question?
First off, please can you point to where zip show that they are profitable in Australia? My understanding is, they almost certainly are not. They “can be” but that is not the same as “they are”.
Secondly, just because a business grows, does not mean it’s becoming more profitable. This would be a basic understanding expected of a kindergarten student.
Zips growth has largely come off the back of acquisitions, and at a hefty price to current valuations. You knew this though right?
Where is the face slap emoji when you need one?
just my own opinion, I’d also say do your own research, but I doubt many left holding, will.
#BnplGoingToZero, page-507
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$2.55 |
Change
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Mkt cap ! $3.329B | |||
| Open | High | Low | Value | Volume |
| $2.58 | $2.62 | $2.53 | $15.52M | 6.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9615 | $2.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.56 | 58215 | 6 |
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