GameStop was a classic short squeeze with 138 percent of the float sold short .
https://www.cnbc.com/2021/01/22/gamestop-soars-nearly-70percent-trading-briefly-halted-amid-epic-short-squeeze.html
A major hedge fund caught in the squeeze appear determined to get it back to $20
Zip are in bed with CVI investments who Zip borrowed $100 million from in convertible notes at a floor price of $1.84
Its in their interests for the share price to be as low as possible to maximise the number of shares in issue and increase any short selling profits.
Have a look at the perform of companies in which CVI have an interest
Ann: ZIP CEMENTS ITSELF AS A TRUE GLOBAL BNPL LEADER, page-517
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.97 |
Change
-0.035(1.17%) |
Mkt cap ! $3.903B | |||
| Open | High | Low | Value | Volume |
| $2.98 | $3.06 | $2.95 | $27.04M | 8.987M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 84872 | $2.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.97 | 136384 | 56 |
View Market Depth
| Last trade - 15.13pm 11/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |