I think some have to learn that just because a stock was valued X at a previous historical point in time, doesn't mean that the value was X.
The market can shoot significantly above X and below X depending on the market's sentiment of sector.
Key is to know one's intrinsic value of X and trade around the markets pricing of X.
Chart - Z1P, page-15269
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Last
$1.92 |
Change
0.045(2.40%) |
Mkt cap ! $2.373B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.93 | $1.89 | $3.617M | 1.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 21572 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 22584 | 10 |
View Market Depth
| Last trade - 10.34am 15/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |