Zip just has to prove it has a way to profit.The last report basically went on about growth,thats not important now profit is.I think their model is good but they need to shift focus.Look at afterpay $160 sp and no profit and still no profit its sp will drain down steadily and then implode if it doesn't make a profit soon.
Interesting times ahead but I find Zip alot more secure for transactions than visa or Mastercard and these 2 dominate along with big banks and their billon dollar profits at the expense of consumers.
Its time for a change I like zips web site and their promotions things you don't get from the institutions.
Probably them destroying BNPL share prices
Good luck to all but this goose is far from cooked
Zip just has to prove it has a way to profit.The last report...
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Last
$1.75 |
Change
0.100(6.06%) |
Mkt cap ! $1.951B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.77 | $1.63 | $28.65M | 16.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 164167 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 176898 | 25 |
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| Last trade - 15.54pm 08/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |