Its could be more complex than that, now given that Z1p are going to USA for an ADR........
-They will be under more scrutiny for compliance from DJ. More compliance etc is not liked by market makers.
- The US market play a major factor in the daily SP fluctuations and may limit the high Z1P high fluctuations too. The market makers/ institutes who had good control and managing the volatility on ASX may lose control/ charge and exit the stock for greener pastures i.e other script of their interest.....other bnpl are there many now on ASX.
Result:
Compliance high
Control - low
Clever - all investors.....
just my 2c......DYOR
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Last
$2.62 |
Change
-0.040(1.50%) |
Mkt cap ! $3.420B |
Open | High | Low | Value | Volume |
$2.68 | $2.68 | $2.53 | $33.12M | 12.77M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 68790 | $2.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.63 | 264643 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 68790 | 2.620 |
1 | 1000 | 2.610 |
15 | 128628 | 2.600 |
11 | 342605 | 2.590 |
8 | 168469 | 2.580 |
Price($) | Vol. | No. |
---|---|---|
2.630 | 264643 | 10 |
2.640 | 95656 | 7 |
2.650 | 362179 | 11 |
2.660 | 214180 | 9 |
2.670 | 120645 | 4 |
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