If people think I am a pumper, then I would be talking Zip up at 15 thousand million market cap while I sell out at the top.
The problem with Zip even now is that not only is it a company in distress, it is still close to 400m market cap. Theoretically any company in time can become worthless.
There is still a long way to go from 400m to zero. Conversely, the amount of money required to pump a risky, unprofitable 400m market cap company to its previous highs of 15 thousand million market cap would require the money enough to feed a whole country like Africa for 100 years.
But what I have learnt is anything is possible. If you buy low and hold it there, maybe Zip will 30x back to its highs. But if a big company like Zip can 30x, there is every chance a company with a much smaller market cap like ZMM 300x
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $6.019M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $500 | 31.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 66666 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 443172 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 66666 | 0.015 |
1 | 300000 | 0.014 |
1 | 100000 | 0.013 |
7 | 811965 | 0.010 |
1 | 39333 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 443172 | 2 |
0.019 | 167000 | 1 |
0.020 | 238358 | 3 |
0.030 | 157894 | 1 |
0.035 | 43457 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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Will Souter, CFO
Will Souter
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