Where did you get a default rate of 10%? You've pulled that out of thin air. Look at the report. The net transaction loss is tracking at 2.83% for the last quarter.
And Zip has a 5% loss provision baked into it's costs.
Daily Price Movement / General Discussion, page-43059
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Last
$3.38 |
Change
-0.120(3.43%) |
Mkt cap ! $4.412B | |||
| Open | High | Low | Value | Volume |
| $3.43 | $3.51 | $3.36 | $58.50M | 17.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 358810 | $3.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.39 | 58756 | 2 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |