Having put the ruler through ZIP's numbers today...
I expect cash to be around $1.8 mill at end of this quarter (following recent cash raise and no R&D income).
Market cap at current price is $2.7 mill (149,733,899 shares x 0.18 (using current price)).
On your reasoning, market values ZIP IP at 900k or share price will lower (further correct itself) on Monday.
Cash backing is at 1.2c per share.
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Having put the ruler through ZIP's numbers today... I expect...
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Mkt cap ! $3.246M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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12 | 13457151 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 12197609 | 10 |
View Market Depth
No. | Vol. | Price($) |
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12 | 13457151 | 0.003 |
17 | 11862472 | 0.002 |
7 | 13999950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 12197609 | 10 |
0.005 | 5706398 | 13 |
0.006 | 5910649 | 9 |
0.007 | 509874 | 2 |
0.008 | 1998203 | 6 |
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