ZIP 4.39% $1.09 zip co limited..

I sincerely doubt that Z1P will retrace back to $1 and notice...

  1. 12,531 Posts.
    lightbulb Created with Sketch. 1033
    I sincerely doubt that Z1P will retrace back to $1 and notice that you offer no reasons for such an outlandish price. I believed the half yearly report will not be great however I envisage the situation should start to improve in the second half of the year, and that the full year report may be the start of the return.

    With no identifiable substantiation to your valuation I have to place little credence on it, especially as:
    • When Z1P was last at $1 it was in March 2020 - when covid decimated the ASX and as you will observe it then started moving ahead.
    • I would be more worried if it breached the support at around $2.86 - however having said that it is still a significant drop to $1.00

    V



    https://hotcopper.com.au/data/attachments/4013/4013196-a95ca927ceb436c1af441194e50ebf6e.jpg
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$1.09
Change
-0.050(4.39%)
Mkt cap ! $1.182B
Open High Low Value Volume
$1.13 $1.16 $1.07 $27.66M 25.12M

Buyers (Bids)

No. Vol. Price($)
3 57733 $1.09
 

Sellers (Offers)

Price($) Vol. No.
$1.10 10000 1
View Market Depth
Last trade - 16.10pm 19/04/2024 (20 minute delay) ?
Last
$1.09
  Change
-0.050 ( 5.22 %)
Open High Low Volume
$1.12 $1.16 $1.07 7701336
Last updated 15.59pm 19/04/2024 ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.