its a lose lose unfortunately.... everyone is expecting it to fall from slowed growth and more cash burn.
Even if they pull a rabbit out of the hat, it'll pump for a day or two before selling off (probably more viciously then if the report wasn't as good).
Its just not a good time to be running a growth company.
Punters won't jump in yet, especially with ML ready to pounce on any rally.
Just a side note; BRN did a major reversal with some handy announcements about profitability (commercialisation) and getting rubber stamped by some big names.
The equivalent for Zip would be a clear path to profitability, showing their expansion is bearing fruit, and delivering on some of these promises they've made in the last 12 months (and maybe directors loading up would be nice.... imagine if Dianne bought shares, can't think of a more bullish event lol)
just gotta get through 2022, this applies to all growth
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26 | 172161 | 3.360 |
40 | 307248 | 3.350 |
6 | 97426 | 3.340 |
Price($) | Vol. | No. |
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3.400 | 43934 | 5 |
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