Zip relies entirely on CRs to stay afloat. They sell bollocks concepts like "Expansion into XXXX country!!! wow!!! Also by the way, can you please subscribe to the SPP??"
So all the other companies have gone broke, but somehow people think this share-printing, dilution factory will stay afloat? How many cents, and how many shares need to be issued before people realise? Are we going to be at 5 billion shares on issue and $0.03c and still have people saying 'Profitability is coming!! 2029, just 57 more Cap Rasies to go!!" ?
She dead. Ain't nobody gonna buy into the next CR, which must be less than a month away, with some fake/BS thing attached like a 'big deal with Enron" that precedes it.
It was a great ride before the tide turned. I'm genuinely sorry for those who have ridden it all the way down. @goodfella was all over this from the beginning, with proper reason, justification and explanations - not just taunts like BOT.
Zip Co remains popular with savvy customers as it narrows loss by 60pc, page-46
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Last
$1.89 |
Change
-0.125(6.22%) |
Mkt cap ! $2.385B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.98 | $1.85 | $54.15M | 28.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 639873 | $1.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 149904 | 4 |
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| ZIP (ASX) Chart |