It is a trading/shorters stock though. Retail have no control over where this goes. It's all up to the shorters and instos and they don't care about future fundamentals and bnpl usage going up in the future. They only care about moving this stock up and down and riding all the waves and maximising profits.
Even if this moves up to $1 over the next year, there will be plenty of days/weeks where it tanks and scares the bulls along the way. It will be a traders stock until it gets acquired by someone bigger and can no longer trade under the Zip ticker.
Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-575
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Last
$2.75 |
Change
-0.040(1.43%) |
Mkt cap ! $3.590B | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.85 | $2.72 | $32.47M | 11.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39955 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.76 | 144889 | 6 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |