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
$1.36 |
Change
-0.020(1.45%) |
Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.34 | $24.60M | 18.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45993 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 386131 | 13 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |