All-time highs after all-time highs—there has never been, and never will be, a future where all-time highs don’t eventually meet with a downward adjustment. It's a statistical certainty. This time isnt different, and next time won't be either.
The critical point is that ZIP's fundaments haven't really changed in the last 3 trading sessions, but the market component has changed and ZIP has a volatility beta above 1.
Even my personalized ZIP ChatGPT agrees with me (of course it does).
$3 Party, page-233
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Last
$1.68 |
Change
0.000(0.00%) |
Mkt cap ! $2.126B | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.78 | $1.67 | $42.40M | 24.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 79429 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 11028 | 4 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |