Appreciate your thought.
My main concern is the margin structure.
I do not have much expertise in accounting but I saw the bad debt is more than 1.5% and I am not sure about the retailer margin - Let's say if it is 5%, then around 3.5% is the remaining profit, and after removing interest & operating cost I am not sure if Zip is still profitable.
Any thought on this anyone?
Appreciate your thought.My main concern is the margin structure....
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Last
$1.72 |
Change
-0.040(2.27%) |
Mkt cap ! $1.937B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.83 | $1.70 | $26.91M | 15.42M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $1.72 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 15000 | 2 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |