I have been doing research and they have lost a billion dollars last year I think and they have needed to do cap raises to survive but the last cap raise they did was at a great expense to the company and the share price has fallen to lower then they last capped at. I don't think they will be able to cap anything and may run out of money as they will have to compete with APPLE BNPL and they in 10 years have never made $1 profit. I don't think anyone would try take over a company that is I predict the greatest loser in 2023. I also think said they will try cap raise again soon at the company meeting so I predict that would have to be at a major discount to the current share price.
Please DYOR but I think they will be bankrupt this year.
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Last
$1.76 |
Change
-0.060(3.30%) |
Mkt cap ! $1.982B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.83 | $1.74 | $38.58M | 21.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 168767 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 292404 | 4 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |