For me it's too risky when I've spent the last 2 years averaging down to 75c. Eventually the turnaround will be real and if you offload and it keeps going up you'll be kicking yourself. I'm thinking the mid-year 2022 moment 40c to $1.70.
Can't risk the turnaround being real and never looking back. If this result is good, the next Xmas period and Feb CFP results are going to be stellar I'm guessing. Too risky for us medium-long termers but can understand short termers getting out in the high 30s.
I'm after the 200MA now at 47c and dropping lower each day. Soon we will be so near it as it lowers, the share price will likely rocket when it gets above it and more technical traders/instos jump in.
All aboard the Zip rocket, time to pump LOL
Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-58
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Last
$3.25 |
Change
0.140(4.50%) |
Mkt cap ! $4.243B | |||
| Open | High | Low | Value | Volume |
| $3.14 | $3.27 | $3.09 | $45.60M | 14.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8794 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 36106 | 6 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |