Let's look at the potential for a short squeeze situation.
ZIP is heavily shorted. Tick
ZIP is 90% owned by small mum and dad investors. Tick
ZIP is only 10% owned by the Big Boys. Tick
ZIP price is increasing. Tick
If the mum and dad investors keep holding and buying, the big institutions will have to start buying back in bulk as their holding is too small. And the best thing about that? As 90% holders we hold all the cards and get to DECIDE what price to sell at. Brilliant.
ZIP's Short Squeeze Potential
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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 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |