BNPL is designed to thrive on discretionary spending in a low interest rate environment.
If the early indicators in commodities and Crypto are signalling significant inflationary pressures them consumers will have no discretionary budget after servicing, housing, transport and food rising costs .
Your all hanging on in the hope Zip will reach economies of scale in the coming years and eventually generate a profit.
But they will face top down (PayPal etc,) and bottom up (Rising funding costs) and the market is suggesting they will never make a profit
BNPL is designed to thrive on discretionary spending in a low...
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Last
$1.29 |
Change
0.045(3.63%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.32 | $1.27 | $16.63M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30048 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 290528 | 11 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.29 |
Change
0.045 ( 3.89 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.31 | $1.25 | 2717786 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ZIP (ASX) Chart |