The rise to $14.50 was based on Peter Grey's various media appearances drawing comparisons to APT/Zip valuations and some commentator saying this equates to a share price of $28 for Zip compared to APT $150 share price or customer numbers at the comparable period for APT.
No one bothered to factor in if APT came crashing down to earth from is ridiculous valuation.
APT has been supported all the way from March 2020 lows by 34 and 55 SMA. Now for the first time it's closed firmly below there.The trend has changed and I can quiet easily see it at $66.00
So what will that do to the $28 Zip target
l
Tech wreck, page-124
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Last
$1.70 |
Change
0.020(1.19%) |
Mkt cap ! $2.151B | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.73 | $1.64 | $28.18M | 16.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 99289 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 116269 | 2 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |