All-time highs after all-time highs—there has never been, and never will be, a future where all-time highs don’t eventually meet with a downward adjustment. It's a statistical certainty. This time isnt different, and next time won't be either.
The critical point is that ZIP's fundaments haven't really changed in the last 3 trading sessions, but the market component has changed and ZIP has a volatility beta above 1.
Even my personalized ZIP ChatGPT agrees with me (of course it does).
$3 Party, page-233
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Last
$2.11 |
Change
-0.060(2.76%) |
Mkt cap ! $2.754B | |||
| Open | High | Low | Value | Volume |
| $2.20 | $2.22 | $2.08 | $40.02M | 18.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14064 | $2.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.12 | 777599 | 13 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |