The reason why SPT didn’t substantially rise is the same reason why it didn’t fall: Its due to their unique offering in the BNPL sector.
Since March the market favoured the traditional BNPL providers such as APT, SZL, ZIP, OPY etc, and didn’t blink an eye to SPT given their business model is centred around the use of credit cards, which APT etc try to move away from.
Then just a couple of weeks ago came the PayPal announcement as well as banks offering 0 interest credit cards. Suddenly the BNPL sector takes a beating while SPT remains stable, as SPTs business model favours these new announcements.
Innovation is key for all players in this sector as the game has changed.
Z1P - The Rise To $15.00, page-213
-
- There are more pages in this discussion • 1,282 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.75 |
Change
0.000(0.00%) |
Mkt cap ! $3.590B | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.75 | $2.69 | $17.99M | 6.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.75 | 83683 | 13 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |