It will stay out of whack until:
- Receivables turnover increases significantly, reflecting greater contribution of Pay in 4 type products (ie. Quadpay and Zip Pay)
- Credit losses improve - hopefully on the horizon from lower arrears rates and again greater contribution from above
- Interest expense improves - again related to higher contribution of Pay in 4 voumes.
- Significantly improved stability in share float - i.e. having the market awash with shares so traders/shorters can easily move the price is not attractive
- Quadpay name change to Zip - global brand recognition
- US-based institutional investors (attracting potentially higher multiples similar to US-listed stocks)
- US-based retailer investors (as above)
- More enterprise merchants in US for Quadpay
- Confirmation of merchant fee maintenance from Tap&Zip - I personally believe this one is fine, but not all share that view
The play here is simple - you either believe the above will happen in 2021 and the stock will re-rate significantly from here, or you don't. But if the above doesn't happen, this will continue to f*ck about in the mid-single digits. There's no mystery.
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Last
$1.88 |
Change
-0.133(6.59%) |
Mkt cap ! $2.455B |
Open | High | Low | Value | Volume |
$1.95 | $1.98 | $1.87 | $16.86M | 8.757M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 56862 | $1.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.88 | 88393 | 33 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 257985 | 1.885 |
9 | 52684 | 1.880 |
17 | 133843 | 1.875 |
28 | 349556 | 1.870 |
14 | 191314 | 1.865 |
Price($) | Vol. | No. |
---|---|---|
1.890 | 87933 | 20 |
1.895 | 90205 | 13 |
1.900 | 111236 | 11 |
1.905 | 103991 | 10 |
1.910 | 120944 | 9 |
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