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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It will stay out of whack until:- Receivables turnover increases...
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Last
$2.12 |
Change
0.000(0.00%) |
Mkt cap ! $2.751B |
Open | High | Low | Value | Volume |
$2.11 | $2.19 | $2.08 | $37.25M | 17.52M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 134476 | $2.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.14 | 90343 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 76017 | 2.120 |
3 | 10369 | 2.110 |
7 | 80207 | 2.100 |
8 | 44102 | 2.090 |
15 | 94309 | 2.080 |
Price($) | Vol. | No. |
---|---|---|
2.140 | 22432 | 3 |
2.150 | 32369 | 3 |
2.160 | 7788 | 4 |
2.170 | 4739 | 1 |
2.180 | 129651 | 10 |
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