Good to see you back in the tent prosperity. I reckon you went a bit rogue there for a while and I felt as though we needed to do a bit of pumping to get things back on an even keel. All back to normal.
Tomorrow the RBA may possibly reduce rates by .25%. If they do, they will probably talk about a long wait to see how it plays out, but the markets will love it as the cut is already priced in. On February 25 ZIP puts out its half yearly financials with a big pile of rising expenses baked in, reducing customer numbers and revenues in AUS/NZ, more growth in the US with shrunken margins. On a probability basis, I'd be expecting ZIP to cop a belting as it did in January. If so, it is going to be ugly
ZIP Price at posting:
$2.45 Sentiment: Sell Disclosure: Not Held
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