Know what im mainly scared about is the massive market correction coming. Zip has multiple problems.
Mainly imo apple BNPL will kill 90% of it's BNPL competitors within 12 months.
research how much the last cash raise (cost the company) and you will understand how dire the situation is for a company who with (I think has 1000 staff) and 10 years of losses. At the summit of tech boom (The roller coaster will crash on the way down)
how much debt does zip have?
did zip loose a billion dollars last year? or how much? im not certain.
WHY Are the directors not buying shares if this is such a bargain?
read what their own workers are saying on glass door
Run whilst you can. buy into winners not losers.
IMO RUN and DYOR imo you backing a donkey that can't win VS apple BNPL the trillion dollar racehorse NO CHANCE!
google apple BNPL (news)
walk into an Apple Store ask them how long it will it be before apple BNPL comes to Australia! and before that happens watch the next few months what happens to zip and the other BNPL in the USA apple has 2 billion internet devices.
Know what im mainly scared about is the massive market...
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.76 |
Change
-0.065(3.57%) |
Mkt cap ! $1.994B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.83 | $1.74 | $25.95M | 14.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 875 | $1.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 49796 | 1 |
View Market Depth
| Last trade - 15.59pm 10/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |