ZIP 0.41% $2.42 zip co limited..

ah dont be quick to judge this strategy - probably hedge fund...

  1. 8,320 Posts.
    lightbulb Created with Sketch. 805
    ah dont be quick to judge this strategy - probably hedge fund standard to be short one and long the other - long a dollar weighted volatility of one against the other and close them both out when profitable in aggregate - hedge the "sector" risk and trade the fundamental risk between the two.

    edit: sorry I misread: i thought the implication was that he was short one and long the other. dont mind me - short both does sound silly lol. as you were.
    Last edited by Armyne: 23/06/21
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$2.42
Change
0.010(0.41%)
Mkt cap ! $3.159B
Open High Low Value Volume
$2.43 $2.44 $2.34 $24.73M 10.29M

Buyers (Bids)

No. Vol. Price($)
2 236373 $2.42
 

Sellers (Offers)

Price($) Vol. No.
$2.43 219576 25
View Market Depth
Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.