I pointed out last week that the possibility was that the stock was forming a right shoulder of a head and shoulders pattern and below average volume.
Presently that thesis is holding as volume has been light since 15 September and sellers are awaiting a higher entry point.
There are only 83 million dumb ass millennials in the USA so with all the competition anyone expecting Quadpay to keep growing exponentially once PayPal is up and running is out to lunch.
Customer numbers mean very little if they are counted as someone who transacts once.
Aftetpays customer on boarding cost is about $70 and each transaction is worth $1.50 so break even is years away.
All of these BNPL players are buying business with .merchant incentives and zero customer loyalty...it can only end in tears
I pointed out last week that the possibility was that the stock...
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 (20min delay)
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Last
$1.45 |
Change
0.135(10.3%) |
Mkt cap ! $1.633B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.46 | $1.30 | $29.57M | 21.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11630 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 92904 | 6 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.45 |
Change
0.135 ( 9.52 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.46 | $1.30 | 6943845 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| ZIP (ASX) Chart |