Not financial advice my thinking - I don’t think they want to drop the report right after this news as they don’t want the report sold into rather strong results they want a proper realisation of the results through share price as much as possible.
Furthermore I believe that today’s pricing was a massive overreaction to news that couldn’t be unexpected the industry has value and people want to realise other sources of revenue through it. If anything it should have stayed flat because you have a secret buyer of 4% and with a market cap floating around $5B is ripe for acquisition especially in this current climate where business are looking to utilise cash to buy and expand.
Z1P hasn’t previously shared its in depth numbers for anything other than Z1P and Quadpay - there is so much discount on the current share price or any value under $9 IMO.
We will see what happens but I’m buying more until the report drops.
Q4 Results, page-2
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Last
$2.96 |
Change
-0.060(1.99%) |
Mkt cap ! $3.864B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.00 | $2.91 | $20.97M | 7.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15999 | $2.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.97 | 99192 | 8 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |