For people that have lost money, Capital Loss is also an asset, that can be banked for the future.
A thing to look out for, if ZIP enters adminstration ZIP shares will be suspended for a very long time (over a year is very possible), until liquidated or debts are reorganised.
Worst case senario,
- You have capital gains from selling some good bets but
- Can't sell shares with losses due to it being in suspension
- Have to pay Capital Gain Tax in cash rather than offsetting the difference. You are never getting it back from ATO
Psychological affect of zip decline, page-7
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Last
$1.46 |
Change
-0.035(2.34%) |
Mkt cap ! $1.644B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.54 | $1.45 | $19.96M | 13.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 104211 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 50000 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |