This company is officially Cash Flow Positive as of the previous financials.
Eventually the market will realise ZIP has turned for the better.
I believe Top 20 had enough of the downward motion for so long and warned the directors if they don't change things, they'll be out.
The company was 52 week lows not long ago and now is creating 52 week highs.
Shorters are the only sell orders in the queue holding it back from soaring , besides day traders.
When these shorters are squeezed even more. it won't be worth it to them anymore, especially with revenue increasing.
$2 PARTY, page-4
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Last
$1.65 |
Change
-0.040(2.37%) |
Mkt cap ! $1.858B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.66 | $1.60 | $24.14M | 14.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 144386 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 170543 | 5 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |