People should understand ; investing is not a race. Yes ZIP is underperforming right now but overtime it should serve you well. when I first invested in Syrah resources $3, i lost almost all of my investment and saw this company falling as much as $.15. When that happened i was amazed $200 million of valuations to such company with 100+ years of graphite reserves, plants and factories with capital investment of $300 million plus. Basically, all those graphite's reserves were free at those valuations. Though I lost almost all of my investment i knew that valuations was ridiculous so I invested significantly to such points my average was $25 cents and left it as it is. Now all those years of waiting finally paying off; giving 8* returns, so basically 200% per year. Not to mention the 50% capital gains and all the trading cost i have saved. If someone would have asked me 3 years ago, how was I doing with my investment i was at loss and at complete failure. But now story is different so ZIP is a similar story. I'm at significant loss and there is no point in fixating on small news or running behind rumour mills. Yes there are different questions creating doubts relating with inflation, regulations, competition and business sustainability but thats what CEO, Board and leadership team are there for to navigate the business through challenges. All LT holders worry not, this business won't go bankrupt or auditor flag going concerns in 6 months as Goodfella suggested.
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Last
$1.46 |
Change
-0.035(2.34%) |
Mkt cap ! $1.644B |
Open | High | Low | Value | Volume |
$1.50 | $1.54 | $1.45 | $19.96M | 13.39M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 104211 | $1.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.47 | 50000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1190 | 1.460 |
1 | 3250 | 1.455 |
10 | 320692 | 1.450 |
1 | 24221 | 1.445 |
2 | 1150 | 1.440 |
Price($) | Vol. | No. |
---|---|---|
1.465 | 35000 | 1 |
1.470 | 6800 | 1 |
1.475 | 3500 | 1 |
1.485 | 15000 | 1 |
1.490 | 27303 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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