As an example of how skewed the data is with this platform convenience fee.
They are booking top line revenue of $12.16 per transaction in the USA on 6.5 million transactions in the last quarter compared to $5.66 in Australia.
The current investigation can only have one of two results they will be legislated to remove the fees or make it clear on the landing page that the equivalent APR of the fees is anything form 50 to 100 percent.
Even with these fees they are running at massive losses but when they are removed it will create a $150 million black hole in Annualised USA income
Daily Price Movement / General Discussion, page-43199
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.70 |
Change
-0.090(5.04%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.78 | $1.69 | $129.7M | 75.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 93847 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 556968 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |