Even after recent massive retrace, ZIP has still increased more than 2 fold over the year; and BSS News Bites, in its rankings of Australian performers for the past year, places ZIP 72/1,111 (93%). Not bad performance considering not even fully rolled out.
Volatility will, undoubtedly, persist at times, but a better picture re: valuations will emerge March 2016.
Let's see which direction valuations trend towards that date.
So long as utilise money can afford to lose in a worst case (low probability) scenario, and not too weighted in micro/spec stock, then no need to panic sell IMO.
DYOR.
Zapped !!, page-34
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Change
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Mkt cap ! $3.787M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $2.35K | 600K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 13558666 | 9 |
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