i think you and i finally agree on something...a company is only as good as its latest report.
the close of SP on the last report, as you told me before, was $7.36. that's it, no more.
so why did Zip race to $14.50? hype. rumour about a US listing and roadshow - which eventuated to absolutely nothing.
what gets me is that people like you who come here and say 'Zip going to the moon' gives so many people fomo and actually hurts them so much - because it wasn't an insto that bought at $14.50. not some rich billionaire - it was a mum/dad investor who's now sitting on a sizeable loss, and with the Nasdaq red last night will most likely lose more today.
zip was never worth $14.50. its worth $7.36, just like you said, as good as its last report. I'll settle at...$8.50?
Z1P Price at posting:
$11.97 Sentiment: Sell Disclosure: Held
(20min delay)