ZIP 3.08% $3.35 zip co limited..

Unfortunately, I agree that cash burn is high. But you either...

  1. 2,085 Posts.
    lightbulb Created with Sketch. 366
    Unfortunately, I agree that cash burn is high.

    But you either sit and stagnate, or you push further and grow. There is a massive opportunity right now to increase the customer volume in America. If we continue without spending, we do what sezzle do, and continue without the growth we're currently having with quadpay. I don't like the CR, but the other option is less palatable.

    As Sebby said, if they can get certain costs down, then cash burn will be better. And potentially, a problem that they know is there, but something that is less a priority then trying to gain overall revenue. Obviously, easier said than done. But Larry said they were break even recent quarters in AU.
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$3.35
Change
0.100(3.08%)
Mkt cap ! $4.373B
Open High Low Value Volume
$3.29 $3.44 $3.29 $51.45M 15.25M

Buyers (Bids)

No. Vol. Price($)
9 207994 $3.35
 

Sellers (Offers)

Price($) Vol. No.
$3.36 215122 5
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.