The British regulations are a lot more draconian than the proposed Australian ones, but as you say, it is not the whole story. The overwhelming reason was that ZIP had a major capital deficiency caused by too fast expansion and like the rest of the industry it had to reverse direction quickly when it had to promise a pathway to profit.
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Last
$2.95 |
Change
-0.070(2.32%) |
Mkt cap ! $3.851B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.05 | $2.89 | $32.29M | 10.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29314 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.96 | 28730 | 5 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |