ZIP 5.24% $2.01 zip co limited..

Chart - Z1P, page-15799

  1. 5,881 Posts.
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    It will be difficult to get Z1p past $9.88 1, until 23/4/2028 or so IMO .......they raised $400m with CN in Singapore on 26/4/2....similar to what Tesla raised and only after that ending did Tesla SP rose (see their chart)........so Z1p SP may perform similarly.......or until something else happens.


    I dont think its the infinite strength of NASDAQ stopping Zip from falling any further. its the instos managing the SP where they want to see it.
    The instos have huge muscle power and can influence the markets, specially OZ market where mostly value shares survive....and I do not expect a short squeeze as we lack the numbers here and the stoxx is already diluted to have that effect.

    Then there is the intrinsic value, if Z1p keeps getting good numbers, unlike some share u may have held, then things could be different...........and IMO the intrinsic value is 7.44..........but its a distance away.......so whatever Mr.Market Marer say, becomes the SP.......IMO. DYOR

    And thanks for u r observation and feedback on my trading experience....but there are much bigger whales out there.







 
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