Just from looking at the chart. It's an ugly chart in my view.
It touched under $5 pre Xmas so why can it now go under $5 by end of next week?
Like everyone here, it's my feeling.
Nobody here knows whats going to happen.
What I do believe is that Z1P purchased businesses overseas to keep top line growth humming thereby exciting the market with last year comparisons.
That indicates to me that organic growth may have been waning.
The market doesn't want to see decreasing metrics from a "growth company"
Big short squeeze, page-5
Add ZIP (ASX) to my watchlist
 (20min delay)
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Last
$1.14 |
Change
0.065(6.05%) |
Mkt cap ! $1.284B | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.15 | $1.06 | $9.663M | 8.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 122718 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 413619 | 6 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$1.15 |
Change
0.065 ( 7.09 %) |
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| Open | High | Low | Volume | ||
| $1.07 | $1.15 | $1.06 | 2765859 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| ZIP (ASX) Chart |