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$1.69 zip co limited..

Daily Price Movement / General Discussion, page-43141

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prosperity

9,230 Posts.

877

21/01/22

21:25

Post #: 59053039
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Originally posted by AlphaX: ↑

I never thought it would hit $2s but the momentum of the market, the concerns with the update and presumed concerns with the upcoming HY, and the data supported macro challenges, this would be very lucky to hold the $3s

$2.90 would be likely in the next week or two if it was the case.

as for its current price, low $3s we’re always inevitable as I called it and justified my reasons back in a November when stim shutoff was being announced and tech was the frothiest it’s ever been.

the issue for zip is, how low do they go before having to raise more capital, and unlike their peers who have plentiful amounts of cash and fund support, zip will struggle to get back up IMO.

if she does, then those who took the risk, should be rewarded, but there has and will continue to be better investments with stronger fundamentals (on discount) than zip.

all in my opinion.

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So true.
Look very closely at bad debts %.
Not mentioned in the update, hence not good.

Z1P Price at posting: $3.33 Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last $1.69		Change -0.010(0.59%)		Mkt cap ! $1.870B

Open	High	Low	Value	Volume
$1.68	$1.71	$1.63	$39.69M	23.95M

Buyers (Bids)

No.	Vol.	Price($)
40	151994	$1.68

Sellers (Offers)

Price($)	Vol.	No.
$1.69	101463	33

View Market Depth

No.	Vol.	Price($)
44	148991	1.680
17	186790	1.675
20	316802	1.670
11	101327	1.665
10	119063	1.660

Price($)	Vol.	No.
1.685	90594	32
1.690	122365	25
1.695	178336	18
1.700	316231	17
1.705	94512	10

Last trade - 15.58pm 22/07/2024 (20 minute delay)

ZIP (ASX) Chart