Shorts from $14.50 to 44c and people think they’re running for the hills now, based on this update? Im
baffled at how that’s even a possibility that people think that. I must have read a different report and looking at a different stock.
The ramifications of selling assets, cutting costs and expenses, while also showing continually slowing growth for the past 12 months, not just on zip comparable basis, but also when comparing with the explosive growth zips peers continue to see, is yet to be seen.
The good news is, as it “improves” the current price is arguably undervalued, but what is fair value or market value, if the growth continues to show negative growth or they have to sell off quadpay acquisition/US
It was this price just over a month ago. It capitulated with the wider market risks and sezzle, and now has shown recovery with market movement and dumping of sezzle.
It will almost have to be capped indefinitely as the FA cannot support the levels people are calling, which is when we will see shorts in over drive again.
A lot of the volume is trading, which I would guess will dump at or around 90c - $1
All in my own opinion, dyor
Chart - Z1P, page-16211
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Last
$2.12 |
Change
-0.040(1.85%) |
Mkt cap ! $2.751B |
Open | High | Low | Value | Volume |
$2.16 | $2.24 | $2.11 | $35.66M | 16.48M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 99234 | $2.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.13 | 20300 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 99234 | 2.120 |
10 | 188413 | 2.110 |
50 | 388481 | 2.100 |
8 | 422223 | 2.090 |
20 | 380448 | 2.080 |
Price($) | Vol. | No. |
---|---|---|
2.130 | 20300 | 2 |
2.140 | 10464 | 2 |
2.150 | 357047 | 10 |
2.160 | 138752 | 2 |
2.170 | 227224 | 8 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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ZIP (ASX) Chart |