ZIP 3.63% $1.29 zip co limited..

I agree, I think this has been a massive rumour mill ploy, to...

  1. 656 Posts.
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    I agree, I think this has been a massive rumour mill ploy, to stir up the SP... the ceo of Lattitude is the ex CEO of Aussie Post... hes a seriously astute guy, and was bought into that business to build product and systems within a lethargic, government owned monolith... he is looking to do the same with Latitude, and will more likely copy cat than acquire, particularly considering KKR is behind them and wouldnt be one to consider paying 15x LTM for a loss making fintech, that is not scaling costs in any way... The tech is pretty low barrier to entry, and KKR have a huge balance sheet, unlike Z1p... which is required for this type of GE esque model ( unlike APT)... Maybe at a $300m cap ( only a few weeks ago) it may have been worth a reverse listing, but at 3x that... I think its priced way out of the realms of acceptability for a PE play @Christos12 @street talk ... what do you think?
 
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