It's personal preference , you choose to invest and hold I choose to trade Zip up and down.
My fundamental belief that it is going to $1.50 does not prohibit me from trading it long if the chart suggests so as nothing goes down in a straight line.
I've taken over $3 out of zip in the last few weeks whereas an investor has to have a longer time frame.
Also trading large quantities ties up a lot of money with a long term view.
I prefer not to do that but can understand if you do.
Its probably to do with personalities....I've been a risk taker all my life ...it's not for everyone.
Chart - Z1P, page-94
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 (20min delay)
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Last
$1.12 |
Change
-0.040(3.45%) |
Mkt cap ! $1.261B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.17 | $1.12 | $8.947M | 7.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 124033 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 300000 | 1 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$1.13 |
Change
-0.040 ( 4.07 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.17 | $1.13 | 2152070 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| ZIP (ASX) Chart |