One of the things I've learnt in my time in the markets is to not sell based on share price movements, like selling because the stock price is going down or going up.
Instead, you need to remind youself why you invested in the first place, and wait it out to see if the thesis plays out or not.
For me, I've invested in Z2U because I think it'll keep growing rapidly in the coming years, which coupled with great technology platform economics, should translate to a supercharged bottom line performance.
If I'm wrong, and delivery numbers and revenue stagnates over the coming years, I might be looking at -50% or more. But if I'm right, a market cap of $300m+ isn't unreasonable, which means 500%+ or greater return. Those are pretty good risk/reward numbers and I'll hang on to see if my predictions bear out.
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Last
7.2¢ |
Change
0.001(1.41%) |
Mkt cap ! $13.95M |
Open | High | Low | Value | Volume |
7.1¢ | 7.2¢ | 7.0¢ | $4.232K | 59.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1787 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 3878 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1787 | 0.072 |
1 | 30000 | 0.071 |
2 | 28863 | 0.070 |
1 | 297776 | 0.068 |
1 | 11278 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 8705 | 3 |
0.125 | 9523 | 1 |
0.145 | 56600 | 2 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 15.37pm 28/06/2024 (20 minute delay) ? |
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Z2U (ASX) Chart |
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