That means price will go below 7 if there is no immediate announcement. Basically people are buying zip since last two days without any news. They are just speculating that ZIP will be acquired by someone as APT is now acquired. It is pure speculation I think..
What if there is no announcement from ZIP this week?, page-8
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 (20min delay)
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Last
$2.72 |
Change
0.020(0.74%) |
Mkt cap ! $3.551B | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.74 | $2.61 | $24.57M | 9.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14000 | $2.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.72 | 80225 | 7 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |