I don't disagree with you except the Corona Crash was a "fake " crash not influenced by cycles or economic performance.
In turn the fiscal stimulus was disproportionate and propelled basically worthless companies like Zip Sezzle and APT to ridiculous unwarranted valuations
Although I warned of this 18 months ago it's only now that most investors are realising how worthless these companies are.
Once this market has declined 80 percent then I'm sure huge gains can be made as government will once again flood economies with cheap money.
Chart - Z1P, page-16158
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Last
$1.21 |
Change
0.068(5.92%) |
Mkt cap ! $1.360B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.22 | $1.13 | $8.914M | 7.595M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 59801 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 100058 | 39 |
View Market Depth
| Last trade - 15.13pm 06/06/2024 (20 minute delay) ? |
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Last
$1.20 |
Change
0.068 ( 4.62 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.22 | $1.13 | 4105129 | ||
| Last updated 15.32pm 06/06/2024 ? | |||||
| ZIP (ASX) Chart |