My view ...
Last time I checked the "market" being retail investors rate(d) this stock highly (evident based on posts and volume).
The stuff you and Stefan are spruiking has/had little to no bearing on whether the average retail investor decided to buy or not i.e. the majority of retail investors does not have the experience/background/inclination to do SWOT, PESTE, Fundamental, Fin. analysis to base their decision on.
"For the share price to appreciate it needs a regular supply of long term buyers and holders." ... lol ... there certainly was/is enough interest in this stock as a longer term investment, as is clearly evident by people topping up in the dips .... so your statement holds no water
So I guess the question is ... what is holding the SP price back?
Chart - Z1P, page-2027
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Last
$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 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |