ZIP 1.58% $1.77 zip co limited..

April of last year they couldn't fill even half of the SPP....

  1. 619 Posts.
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    April of last year they couldn't fill even half of the SPP. Nobody was dumb enough.

    Insto investors might be keen so they can lend shares to each other to short the hell out of ZIP, but I can't see and mum and dad investors spending even $100 on this sinking ship.

    Re the expansions - they were dodgy at the time. Even when everyone was excited about BNPL, the daftest of folk on HC were asking questions about these strange companies in oddly chosen countries (with no governance and accountability).

    I guarantee they'll do a cap raise soon. The last one was only 3 months ago! The only thing you can rely on with ZIP is that they need your money to keep going.

    The profitability garbage has been thrown around for years. Nobody's buying it (literally).
 
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