My View:
Mainly for the young players on this site.
I think this will strengthen going into the quarterly which should be next week.
$9+ is possible?
However:
We are all expecting good numbers,
When the numbers are published the SP will spike on the opening, a FOMO rally,
Followed by massive profit taking,
AND:
Most likely, Naked Shorting, the likely drop could be in the range of 10/20%.
It is always thus:
Buy the Rumor, Sell the News.
Strategy: Sell into the spike, wait an hour or two, three...
Then use the Gross proceeds to buy as many shares as possible.
You will increase the number of shares you hold...
If you don't like a thought of the tax bill, buy into the dip to average up.
Z1P is unlikely to reach it's full potential until a Nasdaq listing is announced.
That will be the Game Changer!
Chart - Z1P, page-145
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Last
$1.50 |
Change
0.085(6.03%) |
Mkt cap ! $1.664B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.50 | $1.42 | $5.730M | 3.920M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 58389 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 56638 | 13 |
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| Last trade - 11.05am 03/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |