Not having a dig, but does this approach really make a lot of sense?
If you make $400 (max) each time you do this ($0.4x1000), and then remove tax (est 33%) you're left with $286 which is a return of ~0.047% ROI on your ~$6k investment. Does this adequately compensate for the downside risk?
Zip vs Klarna vs Afterpay, page-16
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Last
$1.83 |
Change
0.055(3.10%) |
Mkt cap ! $2.373B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.91 | $1.80 | $37.32M | 19.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 105484 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.84 | 87593 | 25 |
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| Last trade - 15.14pm 29/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |