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
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7 | 188875 | 2.220 |
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