I agree with most of this.
I always appreciate @Andredamus1 debates / arguments
no insults and no deflection
yes, I am very forward looking because I am extremely long investor. most of my holdings are at least 3,4,5 + year holds.
I also agree that immediate risk doesn't favour zip in terms of the cap raising
I also agree that valuation arguments are pointless at present, but I am mindful of the large discrepancies between various players. I think it would be remiss of apt or any holders of any stock not to be mindful of their multiples
I also agree that zip has fallen further, however what is scarier and I highlighted earlier is that with such a large market cap, "supported" by a much larger portion of instos and funds, it is very concerning for APT holders. I would be more concerned in APT at the minute than being in zip. possibly I am wrong with this view?
Daily Price Movement / General Discussion, page-17960
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Last
$1.58 |
Change
-0.120(7.08%) |
Mkt cap ! $1.774B | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.72 | $1.57 | $42.26M | 26.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19469 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 33400 | 3 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |