ZIP 4.38% $1.75 zip co limited..

The remaining holders calling the bottom, fail to assess the...

  1. 8,124 Posts.
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    The remaining holders calling the bottom, fail to assess the continued inflation issue and rotation out of tech and growth remains.

    zip was $2.50 last week, so let’s try be a realistic with the prayers

    the borrowed shares is also a moot point, because there is a HY due soon which will show the cash position and continued breakdown of the efficiency ratio, and more presumed M&A activity ahead

    if anyone understands why convertible notes were issued and delta hedging, they would see the current risk in an even more potentially onerous capital raise ahead

    nobody is going to throw easy money at zip, particularly to buy sezzle, in both of their current financial position, without some degree of certainty and upside

    all imho but risk to the downside remains heavily in favour over any potential upside short term

    gamble with caution.

    not investment advice, my opinion only, dyor
    Last edited by AlphaX: 07/02/22
 
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Last
$1.75
Change
-0.080(4.38%)
Mkt cap ! $2.186B
Open High Low Value Volume
$1.77 $1.77 $1.72 $13.19M 7.542M

Buyers (Bids)

No. Vol. Price($)
14 79565 $1.75
 

Sellers (Offers)

Price($) Vol. No.
$1.75 45774 14
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Last trade - 11.05am 25/07/2024 (20 minute delay) ?
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