ZIP 2.27% $1.72 zip co limited..

Z1P is going to go lower than $4. I had some profits day trading...

  1. 19 Posts.
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    Z1P is going to go lower than $4. I had some profits day trading it over several months but took a loss on this recent run. Probably evened out all my winnings on it over the past year but thats OK.

    How on earth can it be valued this high when it makes ZERO money. Telstra makes $1.9B net profit and its at around $4. How many years you think Z1P can operate running at $700M loss per year.

    Another few years and Z1P may no longer be around unless they actually start making money.
    Last edited by peterpl: 06/12/21
 
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