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$1.37 zip co limited..

people on ZIP HC don't actually run businesses or understand...

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abzyftw

374 Posts.

16

13/10/22

12:57

Post #: 64179146
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Originally posted by Riffz88: ↑

I think Tutor explained in one of his posts why Larry did this. Another option was further dilution to get the funds. Fundies need to make money, and they are gonna make it in one way or another. If you want to know the in-depth explanation find tutor's post about it, I don't remember it from top of my head.

As for the destruction of the share price, it was more to blame on the leaky business model and mindless expansion at the expense of shareholders' equity. Therefore, lend the shares or not, it was gonna happen.

Now, you may ask why I am still holding. It is because I was a believer and became greedy (and FOMO after selling afterpay at $35), and at this point holding or selling doesn't make much difference to me. So, I gonna ride it till the end of the line.

P.S. I know your post was related to the ethics of Larry. But I just ended up ranting a bit without explaining properly why Larry did it.

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people on ZIP HC don't actually run businesses or understand funding or valuations

BNPL is a shaky business model but the constant " doooo something larry " is pathetic

ZIP Price at posting: 64.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.37		Change 0.030(2.25%)		Mkt cap ! $1.556B

Open	High	Low	Value	Volume
$1.39	$1.40	$1.36	$8.237M	5.974M

Buyers (Bids)

No.	Vol.	Price($)
23	75890	$1.36

Sellers (Offers)

Price($)	Vol.	No.
$1.37	43570	14

View Market Depth

No.	Vol.	Price($)
24	78927	1.360
13	83551	1.355
17	280957	1.350
11	124724	1.345
8	458478	1.340

Price($)	Vol.	No.
1.365	38664	15
1.370	173941	22
1.375	91160	11
1.380	364579	29
1.385	227265	25

Last trade - 11.49am 10/05/2024 (20 minute delay)


Last $1.35			Change 0.030 ( 1.55 %)
Open	High		Low	Volume
$1.36	$1.40		$1.35	1889106
Last updated 12.09pm 10/05/2024 ?

ZIP (ASX) Chart