ZIP 2.60% $2.37 zip co limited..

Z1P - Technical Analysis posts, page-9

  1. 656 Posts.
    lightbulb Created with Sketch. 50
    Guys,

    have you seen the latest report?

    $25m loss this year... and Looks like they've downgraded break-even from FY19 to like a $5m+ loss... and then barely breaking even in FY20...

    @Christos12 not that I needed convincing, but I just can't see how this business will ever make money... As it currently sits, its in no way a "going concern" ... and as per my last post, requires a $700m book just to break even... oh, and at some point, they'll be hitting the market up for a $50m handout to even support that book growth.
 
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