Interest rate cuts are in response to recessionary environment.
Zip save 0 5 percent interest on circa 2 billion warehouse facility equating to $10 million but write off an extra 100 basis points on 10 billion sales due to recessionary pressures produces an overall negative to bottom line of $90 million.
Interest rate cuts are in response to recessionary...
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Last
$2.87 |
Change
-0.050(1.71%) |
Mkt cap ! $3.747B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.02 | $2.82 | $37.30M | 12.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4400 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 56094 | 6 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |