CI1 0.00% 11.0¢ credit intelligence ltd

Just a few months back Zip was literally valued billions of...

  1. 259 Posts.
    lightbulb Created with Sketch. 65
    Just a few months back Zip was literally valued billions of dollars higher then it is today. The market changed its mind on the value of Zip by billions of dollars in that short period of time, which is truly fascinating, because you realise that the market has no idea what these companies should be valued at. To that note, to get back to mid ground for Ci1 we only have to add about 25-30 million market cap. Which is a tiny amount of value to be recognised by the market relatively speaking to the likes of Zip (and various other names which has plummeted in the billions). A simple increase in revenue by 10 million would probably do it. Could easily go 100 percent in a day. Change happens when you least expect it.
 
watchlist Created with Sketch. Add CI1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.