Yes, my opinion was that these results are "$1.50" results, and ZIP does what it did last time there were good real-world results: it goes up, then crashes. I'm back in, albeit with 2/3 of my total ZIP holdings, but it cost me just half the money (as I sold out at $1.50 and got back in at approximately $1.16 to $1.18). If ZIP goes down today, I will be boosting back to my previous holding level.
Previously, I believed ZIP could reach $2 by 2025 based on its current trajectory. I'm a bit more bullish now, anticipating a return to $1.50 by June or July. If the next quarterly results also show steady "real-world" improvement, then reaching $2 this year is agian IMHO be a 50:50 chance. But again any negative trip ups are punished heavily has ZIP investors are manic/depressive above and beyond typical stock market fluctuations.
As evidenced by my buy actions yesterday, I believe anything under $1.20 is a good buy; anything $1.0x is great buying.
What's happened to Trad? He set a HC mania record with 105 posts yesterday, and today it was a 50:50 split between him alone and everyone else combined. There haven't been 15 to 20 posts before the market opened, and his #1 trigger, Bedger, posted without the typical spray of spittle on the HC forum.
Ann: 3Q FY24 results update, page-367
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Last
$1.30 |
Change
0.035(2.78%) |
Mkt cap ! $1.459B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.31 | $1.24 | $10.50M | 8.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18782 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 63456 | 4 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.29 |
Change
0.035 ( 2.07 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.31 | $1.24 | 3209430 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| ZIP (ASX) Chart |