@bedger An intriguing perspective. However, as you've noted, there hasn't been a significant fiscal change from November 2023 to today. What seems to have shifted, in my view, is the level of trust among retail investors, which has now extended to institutional investors. Just months ago, both groups had absolutely no confidence in the company.
While fiscal execution is crucial, the profound loss of faith in ZIP represented a substantial issue, affecting its valuation more than the financials alone. The difference between 25.5 cents and 70 cents was IMHO fundamentally about trust, including aspects of capital raising. ZIP, once an angel stock, fell into a sceptic tank.
Numbers mattered, of course, but reestablishing foundational trust in a fallen company matters even more. If ZIP had stated they expected to make $15M and delivered exactly that, I doubt the stock price would be much different from what it is today. The central point is that investors need to feel confident that ZIP has a firm grasp on their business operations.
Reaching $2 is possible, provided there are no significant missteps. This doesn't mean we won't hear negative statements from ZIP, but what is crucial is the absence of surprises. They must be laser-focused on looking in control of the business. This includes avoiding distractions like chasing after shiny objects, such as Bitcoin, unless it serves a strategic purpose, like a marketing initiative or some form of shopback reward system.
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