At this point it's not worth Zero but it's certainly not worth much more.
Its a loss making finance company not a tech stock.
What they have done with the Tap and Zip pay anywhere feature is actually caused a re-rate for the whole BNPL sector no one needs an App now be it Klarna APT or Zip to drive BNPL customers to merchants as it's literally available anywhere and you will get your long wished for re-rate along with the rest of the BNPL sector as to simple loss making finance companies so re-rate will be downwards for them sll
Average 12 month broker target $ 10.12 not some of the ridiculous $20 to $200 posted on here
** Brokerage RBC sees advantages from Zip Co's notes offering and says it allows the Australian buy-now-pay-later (BNPL) firm to utilize "attractive funding"** Zip said on Wednesday it will raise A$400 mln ($308.7 mln) through senior unsecured convertible notes to fund its growth and expansion plans** "While we think Zip was funded for another year in the ANZ business, this raise provides funding for offshore geographies and further investments in strategic partnerships" - RBC** On Tuesday, Zip unveiled plans to expand into Canada and Southeast Asia after robust growth in its U.S. business led to record Q3 rev and transaction volumes** RBC has a "sector perform" rating and A$10 PT on Zip** Three of 10 brokerages rate the stock "buy", three "hold" and four "sell"; median PT is A$10.12
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At this point it's not worth Zero but it's certainly not worth...
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Last
$1.46 |
Change
-0.035(2.34%) |
Mkt cap ! $1.644B |
Open | High | Low | Value | Volume |
$1.50 | $1.54 | $1.45 | $19.96M | 13.39M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 104211 | $1.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.47 | 50000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1190 | 1.460 |
1 | 3250 | 1.455 |
10 | 320692 | 1.450 |
1 | 24221 | 1.445 |
2 | 1150 | 1.440 |
Price($) | Vol. | No. |
---|---|---|
1.465 | 35000 | 1 |
1.470 | 6800 | 1 |
1.475 | 3500 | 1 |
1.485 | 15000 | 1 |
1.490 | 27303 | 3 |
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