Good analysis Mate! I think just depends on the type of holders and boils down to strategy. Some people may indeed be LT Holders and don't mind the downside (as you mentioned and also in your chart analysis, this will probably hit the dream target of 20+ in the future). But from experience and the number of shorters that Zip attracts, it is good to be cautious.
Chart - Z1P, page-5391
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Last
$1.72 |
Change
-0.040(2.27%) |
Mkt cap ! $1.937B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.83 | $1.70 | $26.91M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 15000 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |