Yes this will be seen like the slater and Gordon acquisition before they went bust imo. Sezzle had 6 months of cash burn left if you look at their presentation…..
zip is saving them to stop the carnage that would happen if they went under. They are trying to postpone the bankruptcies in this industry. The other alternative is the management doesn’t have a clue what they are doing and are happy to pay 20 times book value for a loss making pay day lending company like sezzle.
Million Dollar Question, page-15
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Last
$2.55 |
Change
-0.070(2.67%) |
Mkt cap ! $3.329B | |||
| Open | High | Low | Value | Volume |
| $2.58 | $2.62 | $2.53 | $15.52M | 6.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9615 | $2.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.56 | 58215 | 6 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |