I agree to an extent and its similar to something I said earlier, there will be shorts covering soon but it depends on where the SP sits before they cover. I think they've milked far too much out of Zip, and getting it down a little further to low 7's will be a bit of a nexus point imo.
Unfortunately shorts control the narrative at the moment. As much as my boy Jamesy hates hearing this, the insto's are privvy to alot more information than we are, and most of the shorts in play at the moment are institutional. What gives me alot of hope though is that the shorts on APT got badly burnt from the surprise acquisition, which hopefully means they don't know everything coming.We just have to hope Zip is as tightly run as APT is in terms of leaks.
My money is on the short position decreasing substantially once the dust settles from the FY report & re-brand. Alot of capital waiting on the sidelines imo
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$2.12 |
Change
0.000(0.00%) |
Mkt cap ! $2.751B |
Open | High | Low | Value | Volume |
$2.11 | $2.19 | $2.08 | $37.25M | 17.52M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 134476 | $2.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.14 | 90343 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 76017 | 2.120 |
3 | 10369 | 2.110 |
7 | 80207 | 2.100 |
8 | 44102 | 2.090 |
15 | 94309 | 2.080 |
Price($) | Vol. | No. |
---|---|---|
2.140 | 22432 | 3 |
2.150 | 32369 | 3 |
2.160 | 7788 | 4 |
2.170 | 4739 | 1 |
2.180 | 129651 | 10 |
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