ZIP 1.19% $1.70 zip co limited..

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  1. 8,124 Posts.
    lightbulb Created with Sketch. 875
    why would I say this to him?

    because my opinion is, you would have to have rocks in your head, with zip in its dire position with extremely concerning fundamentals, to consider doubling your position based on a SP target.

    I was bullish when it was worth being bullish, and I was bearish when the risk changed and so did the underlying fundamentals

    early last year zip were rumoured to dual/cross list, look for a large U.S. investor, and has some explosive growth reports - this all changed and the bears back then have been proven right

    slowing reports, no cash, excessive dilution, over expansion, no fund interest, no U.S. investors, no dual/cross list, more pointless acquisitions and more and more and more there’s a dozen reasons not to see zip as a worthy investment, even outside of the current macro and geopolitical climate

    all in my opinion, do your own research (which a few of you cant seem to do)
 
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$1.70
Change
0.020(1.19%)
Mkt cap ! $2.151B
Open High Low Value Volume
$1.68 $1.73 $1.64 $28.18M 16.66M

Buyers (Bids)

No. Vol. Price($)
5 99289 $1.70
 

Sellers (Offers)

Price($) Vol. No.
$1.70 116269 2
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Last trade - 16.10pm 07/08/2024 (20 minute delay) ?
ZIP (ASX) Chart
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