There is a real risk of what lies ahead in terms of the macro/micro and geopolitical factors, the pandemic still hovering around, inflation concerns and the pointy end of heavy stim yet to come, even if it is transitory (which I think it is, and have shared my reasons months back with GF).
This stock remains heavily on the nose with large instos and funds, and with Larry’s $100m loan out until June 2022, anything can happen.
what happens if the market has another 2-3 months sell off?
Follow the metrics all you want, as I’ve done, but all you will see is the valuation gap widening. The last 4 quarters have been enormous, yet SP continues backwards
With exclusive deals diminishing (as not in interest if vendors), competition increasing, and with our debt/loss widening, the concerns cannot be ignored.
As long zip remains out of favour with instos and funds, and as long as Larry has his $100m shares out on loan, the Share price will continue to flap about and valuation gap will continue to be material
I ask myself what comes first - another cap raising, a cheap take over, inflation scare and another global market sell off, Larry’s loaned shares being returned etc
or dual list, cross list, joint venture, onboard investor/fund interest etc?
purely waiting in hope for a report after report to see value in your share price / investment is a flawed investment at best IMO. Have a plan
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Last
$1.69 |
Change
-0.010(0.59%) |
Mkt cap ! $1.909B |
Open | High | Low | Value | Volume |
$1.68 | $1.71 | $1.68 | $2.954M | 1.746M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 67625 | $1.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.69 | 23030 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 25183 | 1.685 |
19 | 121105 | 1.680 |
15 | 112343 | 1.675 |
11 | 105034 | 1.670 |
8 | 25743 | 1.665 |
Price($) | Vol. | No. |
---|---|---|
1.690 | 34173 | 9 |
1.695 | 44263 | 9 |
1.700 | 77612 | 12 |
1.705 | 92040 | 8 |
1.710 | 80676 | 10 |
Last trade - 10.13am 22/07/2024 (20 minute delay) ? |
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ZIP (ASX) Chart |