There is a real risk of what lies ahead in terms of the macro/micro and geopolitical factors, the pandemic still hovering around, inflation concerns and the pointy end of heavy stim yet to come, even if it is transitory (which I think it is, and have shared my reasons months back with GF).
This stock remains heavily on the nose with large instos and funds, and with Larry’s $100m loan out until June 2022, anything can happen.
what happens if the market has another 2-3 months sell off?
Follow the metrics all you want, as I’ve done, but all you will see is the valuation gap widening. The last 4 quarters have been enormous, yet SP continues backwards
With exclusive deals diminishing (as not in interest if vendors), competition increasing, and with our debt/loss widening, the concerns cannot be ignored.
As long zip remains out of favour with instos and funds, and as long as Larry has his $100m shares out on loan, the Share price will continue to flap about and valuation gap will continue to be material
I ask myself what comes first - another cap raising, a cheap take over, inflation scare and another global market sell off, Larry’s loaned shares being returned etc
or dual list, cross list, joint venture, onboard investor/fund interest etc?
purely waiting in hope for a report after report to see value in your share price / investment is a flawed investment at best IMO. Have a plan
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Last
$1.70 |
Change
-0.090(5.04%) |
Mkt cap ! $1.909B |
Open | High | Low | Value | Volume |
$1.74 | $1.78 | $1.69 | $129.7M | 75.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 93847 | $1.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 556968 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33727 | 1.690 |
8 | 61353 | 1.685 |
7 | 27513 | 1.680 |
4 | 137075 | 1.675 |
6 | 43966 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 30000 | 1 |
1.710 | 60000 | 2 |
1.720 | 75000 | 2 |
1.725 | 29155 | 1 |
1.730 | 78160 | 4 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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