Lol Sezzle is on its knees losing $17 million a quarter with a little over one quarters worth of cash left
Laar accounts they wrote off 87 percent of their transaction income in bad debt producing only $2 million of transaction income BEFORE Deducting operating expenses.
Its a completely worthless company but no doubt Zip will pay $600 million for it and dilute shareholders again.
in that scenario I would expect a fourty percent decline on Zip share price once the retail FOMO has bought the hype.
Daily Price Movement / General Discussion, page-43431
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Last
$1.78 |
Change
-0.035(1.93%) |
Mkt cap ! $2.246B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.81 | $1.74 | $30.57M | 17.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 110725 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 29116 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |