ZIP 0.36% $2.79 zip co limited..

I'm new here. Only become a share holder today. To me svb...

  1. 252 Posts.
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    I'm new here. Only become a share holder today.

    To me svb collapse is a great news to Zip. Fed may be forced to pause interest rate increase or at least slow down. QE may even start.

    cr anytime soon? Have to say my original plan was to wait until cr then buy. However I changed my mind after svb collapse. Zip may have to raise 100m+ and current mc is less than 400m. This is suicide after seeing what happened to svb. So my guess there will be no cr any time soon unless management is crazy.

    what if run out of cash soon. Sell. My guess Block is more than happy to buy Zip at 500m - 1B. After that they will have more customers and huge power negotiating with any business in AU & NZ. This will be a win-win situation, and they can even pay with new issued shares.

    So best case, if Zip survives until interest rate falls, sp can easily back to $2+ imo. If unfortunately fail to survive, we have more than 12m customers in Australia, good chance Zip can be sold at a reasonable price.
 
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