We go over this a lot but for new members its important to compare market caps in conjunction with share prices.
case in point - SZL v Z1P. the SZL share price is higher than Z1Ps - the MC is wildly different.
I understand your point though its baffling but also logically to some extent. The Quad Pay move IMO is a game changer and i don't think its reflected in the share price yet.
i don't like to compare APT as I don't hold shares in them, but i think in the medium term its better for the whole BNPL market if they continue to do well.
Zip’s share price too low compared to APT?, page-8
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Last
$1.93 |
Change
0.055(2.93%) |
Mkt cap ! $2.442B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.96 | $1.89 | $26.31M | 13.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 55581 | $1.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.94 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |