Traders can build frothy SP as much as they can but why would market want to pay above $12.39 when discounted cash flow of next 4 years rendered intrinsic value at $12.39 per share and zip management agreed to it. hence after some days the froth will come down to current year's intrinsic value which I believe is around $7.
Chart - Z1P, page-10546
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Last
$2.30 |
Change
-0.100(4.17%) |
Mkt cap ! $2.985B | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.43 | $2.30 | $30.40M | 12.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 296874 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 4000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |