Because it was never really worth $40 billion in the first place.
And it’s still currently not worth $7 or $8 billion using its current financial metrics (and I’m not talking about revenue).
So when the drop is so severe, people say… why has it dropped so much? Because it should never had gotten to $150, $80, $50 or even $30.
Chart - Z1P, page-15583
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Last
$1.91 |
Change
0.035(1.87%) |
Mkt cap ! $2.436B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.93 | $1.89 | $11.04M | 5.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 108502 | $1.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 52967 | 22 |
View Market Depth
| Last trade - 11.53am 15/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |