ZIP 2.09% $2.93 zip co limited..

it's all over!!!!, page-166

  1. 2,606 Posts.
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    Is Zip Solvent ??

    If 5% of their loan book is bad debt and their customers are kids buying sneakers so that is not a stretch...then the equity is worthless and company insolvent.

    They hold no Tier 1 capital hence the reason banks hold 10%+
 
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