Quarterly report sent it, and Sezzle, upwards above 7-8. Then the roadshow/US listing news, combined with the overall global market upturn is what caused the $14+.
So even if the roadshow/US listing rumours are subtracted, then it's sitting about right for where it would of been had the rumours not circulated. Perhaps slightly higher because some short term traders are probably still sitting on it with the hope of an announcement.
Zip and Sezzle followed each other's stock price almost exactly (month to month) for about 8 months until the roadshow news. So I feel those 2 companies are a good benchmark for one another in regards to share price. Until one of them has it's fundamentals changed in a big way, either positive or negative, or one has a partnership announcement.
Chart - Z1P, page-6604
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Last
$1.68 |
Change
0.000(0.00%) |
Mkt cap ! $2.126B | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.78 | $1.67 | $42.40M | 24.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 79429 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 11028 | 4 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |