I read this Zip HotCopper everyday more than an hour since 2020, but this is my first time to create thread - also second time to write in this forum.
Apologise for creating another thread, but I wish to get everyone's view on Zip's future.
Believe or not, I purchased Zip shares (100K number of shares) in April 2020 and the average price is around $3.
I have been holding the shares since then without selling and always have faith in the share, but I am losing confidence in Zip (BNPL) nowadays mainly due to the likely increase of interest rate - as you know BNPL has a very small margin and the increase of interest rate will have a big negative impact on the profit.
I wish to have everyone's view on the future of Zip & BNPL if you have. Please make comments on your thoughts with REASONS - Some of the comments in this forum just say there is no future in Zip without telling any reasons.
No offensive comment please. thanks
Future of ZIP & BNPL
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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 |