It appears that the shorts are trying to cover since a month but does not have enough volume. If these won’t get settled off market, it will trade on market. perhaps like last years jumps will be inevitable as the current performance was a big surprise with no cap raise required at all as announced in the quarterly results. the more shorts stay the bigger jump would be if zip pulls out the performance they advised in the last quarterly results.
Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-476
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Last
$1.50 |
Change
0.085(6.03%) |
Mkt cap ! $1.684B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.50 | $1.40 | $22.39M | 15.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16337 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 255886 | 9 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |