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Half Yearly Report, Notification of Results/Reporting Date, Web Casts
February
The Zip v Afterpay buy now, pay later rivalry is back on
Zip says it is growing faster than its competitors in the world’s biggest market – the United States – after reporting record first-half earnings.
January
The meme stock moments that gripped Australian investors in 2024
In a year that ushered in the return of GameStop mania, Australia’s retail investors were looking closer to home for their next rocket ship.
December 2024
The stocks that did the most damage in 2024 – and the ones that ruled
One fintech darling has more than tripled in the past 12 months, but the same can’t be said for lithium stocks on the front line of the EV slowdown.
The ASX’s founders are in dump mode
Insiders are cashing out hundreds of millions of dollars of stocks after stellar share price runs. Are they sending a message?
ASX tops 8500; ZIP founder sells $100m in shares; Woolies loses $50m
Read everything that’s happened in the news so far today.
Zip co-founder Larry Diamond sells $100m in shares after resigning
The co-founder sold 30 million shares in the buy now, pay later player, a day after he resigned to set up a family office.
October 2024
Zip banks on interest rate cuts as transaction volumes soar
The buy now, pay later group has endured a difficult two years and returned to growth, particularly in the US, where the majority of sales are processed.
The simple ‘reframe’ that helped this leader become a big bank CEO
Zip Co CEO Cynthia Scott nominates a simple reframing exercise that taught her not to fear the word ‘no’ as the best career advice she ever received.
September 2024
Digital debt collector worth $350m after big money raise
Business booms for InDebted when cost-of-living hits consumers. It has attracted new investors, including a super fund to back a rare valuation increase.
Regal throws its weight behind ‘takeover target’ Zip Co
The fund manager has built a sizeable position in Zip from its small-cap fund over the past 12 months, starting at about 30¢
August 2024
Zip nails comeback, predicts huge US transaction growth
Zip shares took a breather after a strong run driven by its pivot to profitability.
July 2024
Resurgent Zip raises cash and pays big break fee to eliminate its debt
Zip has indicated it will push the accelerator on growth in the United States despite regulators investigating whether it has violated consumer protection laws.
Brokers sense interest as Australia’s favourite meme stock returns
The list of names dumped from the ASX 200 alongside Zip shows how rare a comeback is. But while its business is firing, not everything has changed.
Zip Co in $267m raise to pay down debt; Goldies, UCP on ticket
Fund manager sources said the placement is expected to price at about $1.52 a share, representing a 5.3 per cent discount to the last close.
June 2024
Why Tyndall has gone all in on Zip Co’s turnaround story
James Nguyen says the market is mispricing the buy now pay later provider and reveals why a $15 billion settlement could be the catalyst for another small cap stock.
ANZ’s openly gay chairman warns on ASX’s sexuality disclosure
Asking boards to disclose the sexuality, age and ethnicity of directors risks encroaching on their privacy and could make them a target for activists, leading directors warn.
May 2024
Zip’s Larry Diamond returning to Sydney, says US mission accomplished
Diamond says he heeded warnings from James Gorman, setting Zip onto a profitable path in the US, where he expects BNPL to keep winning share off credit cards.
April 2024
Zip Co’s turnaround story lands the BNPL on takeover watchlists
No doubt CBA’s internal M&A team adheres by its mandate of looking at all options to maximise shareholder value.
Cettire shares slide 16pc on Bell Potter downgrade
The company’s house broker said the luxury marketplace would continue to outperform peers, but it would be harder for it to generate high growth.
March 2024
‘Lack of transparency’ to force credit licences on BNPL
Buy now, pay later players will have to hold a local credit licence to operate in Australia and take reasonable steps to ascertain a customer’s financial position.