I'd just be wary of promises made by PG or Pipeline Pete.
They have a habit of talking up their trading updates.
if it's true and they've significantly reduced opex and bad debts then I'd start believing them again.
(and if merchant margins haven't been compressed further)
The recent increase in the Zip Money interest rates this close to the update kinda tells me they're scrambling to meet the 2024 profitability target even though they'll say they're on track.
I'd just be wary of promises made by PG or Pipeline...
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.15 |
Change
-0.070(5.74%) |
Mkt cap ! $1.258B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.15 | $37.10M | 31.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 190540 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 7735 | 3 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.17 |
Change
-0.070 ( 3.72 %) |
||||
| Open | High | Low | Volume | ||
| $1.23 | $1.25 | $1.16 | 5299742 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| ZIP (ASX) Chart |