Hard to tell.
However, this time the volume is huge and the money is massive. More than half a billion dollars moved into this company today alone.
One thing I have been very pleased with is that it has consolidated quite a few times, the volume has been good and so has the intraday range.
We also continue to close above VWAP. I think we can be more certain after the half-year report is posted and the news settles.
As we know, if Zip as valued on the same multiple as Afterpay then we'd actually have a share price of $28 and the media attention around this has been huge. There's another article in The Age just published this afternoon.
Daily Price Movement / General Discussion, page-1221
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Last
$2.19 |
Change
0.260(13.5%) |
Mkt cap ! $2.772B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.19 | $2.00 | $56.69M | 26.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 133683 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 235682 | 50 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |