ZIP 2.27% $1.72 zip co limited..

Chart - Z1P, page-13853

  1. 8,124 Posts.
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    also mate you are correct

    I did a tonne of research YoY with zip. I’m not sure if others remember but we went from 5.50 to about $3.30 after a cap raise and some more silly articles

    unknownsoldier and a few others were here calling doomsday. I loaded up heavily having not participated in the SPP

    covid hit and the stocks dropped to low $1s and I loaded up more. My portfolio (as I am sure everyone’s did) looked diabolical but I still loaded zip as my unicorn.

    it luckily worked out and my FA was right.

    unless there is a buyout, zip will be around for a long time to come, and a large part of my “bearish” outlook, is largely based on shorter term outlooks, and weighing up where I can get the best returns on capital.

    you will do well on zip longer term, and you are right that I was lucky to get in earlier, so do not think that i think this is a dog, because I do not. I just think it has a lot of challenges shorter term which impact it shooting into the $20s and beyond, which is where she belongs

 
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