ZIP 0.36% $2.79 zip co limited..

Good for a punt?, page-40

  1. 7,655 Posts.
    lightbulb Created with Sketch. 6933
    Did you say that at $14 though? I was short up there, and long down here.

    For the long suffering shareholders, a bit of Citibank talk this week of ZIP leaving the ASX200 (please, please, please be shorting Citibank). Anyone with an iota of knowledge around ASX200 rebalances will know ZIP's six month average mkt cap makes that a firm: WRONG.

    Citbank, the clowns that only had a $6.50 price target on the stock in early 2021 as it traded $14+ and then as it tanked they of course raised their price target to $11.35 per share, above the prevailing price, while shifting their rating from Neutral/ High Risk to just Neutral.

    Citibank = https://hotcopper.com.au/data/attachments/4380/4380931-c91a8f1f01602621d3d534aa7484ea9e.jpg

    Dut, dut, dunna, dun, dunna, nanah, naht, nuht, nanna ♪ ♫
 
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