ZIP 1.43% $1.60 zip co limited..

Daily Price Movement / General Discussion, page-45382

  1. 5,872 Posts.
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    like i said in another post...
    What a load of rubbish valuation.............they now have 13.5m customers combined.....cost of customer acquisition in banking / finance sector is about US $200 ie AUD$277 ....just in terms of customer numbers and the database multiply the 2 and see the valuation.............$3.73b....SP appox $7.5....ok then say 2.6% BD........ pick u r own discounting level......still no where close........

    even if I were to consider customers as data set of non paying customers the acquisition cost is US37.5 ie. its a minimum of 700m.........perhaps thats what they are using..............


    market is CRAZY....anything goes...cant fight the sentiment

    ta
 
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