Most of the noobs are still trapped and under the 12 month CGT discount rule.
There were not many brave people buying this before Q1 last year which was 24th Oct. This place was a ghost town and hardly any comments. Nobody was interested until after 24th Oct and even then got sold down for a week after. Still not a lot of interest until Dec.
Some people started buying up in Nov (including Regal) and it was only in Dec that it cracked 50c.
So many people are probably dying to sell it but have to reach that 12 month mark in order to do so.
Will those fat juicy profits still be there come Nov - April when they are allowed to sell or is this just the beginning of the sell down of Zip to $1-2 ?????
Most of the noobs are still trapped and under the 12 month CGT...
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Last
$2.55 |
Change
-0.070(2.67%) |
Mkt cap ! $3.329B | |||
| Open | High | Low | Value | Volume |
| $2.58 | $2.62 | $2.53 | $15.52M | 6.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9615 | $2.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.56 | 58215 | 6 |
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| ZIP (ASX) Chart |