another great analyst/ humanitarian who plays the man instead of playing the ball - Once again, Thank you for service to humanity,
Banking profit motive drives all commerce and forces businesses to operate as efficiently as possible to avoid losing market share to competitors, mainly being zip and any other BNPL in the credit consumer space.
Point in case : " Retail payments data released by the Reserve Bank of Australia yesterday shows debt accruing interest on personal credit cards is down $9.31 billion from March 2020 to September 2021, to a total of just $17.68 billion – the lowest level since November 2003"
So if you supporting the demise of ZIP just so you make few bucks a short position you may have, just remember you are in support of keeping the average citizen in a 19% interest credit card system debt trap .
BNPL is the answer to the deb trap , it is the answer to providing more stimulus into the ailing economy
another great analyst/ humanitarian who plays the man instead of...
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Last
$1.31 |
Change
0.025(1.95%) |
Mkt cap ! $1.470B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.32 | $1.29 | $11.55M | 8.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25654 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 215401 | 7 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.31 |
Change
0.025 ( 1.47 %) |
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| Open | High | Low | Volume | ||
| $1.29 | $1.32 | $1.28 | 2178617 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| ZIP (ASX) Chart |