Its could be more complex than that, now given that Z1p are going to USA for an ADR........
-They will be under more scrutiny for compliance from DJ. More compliance etc is not liked by market makers.
- The US market play a major factor in the daily SP fluctuations and may limit the high Z1P high fluctuations too. The market makers/ institutes who had good control and managing the volatility on ASX may lose control/ charge and exit the stock for greener pastures i.e other script of their interest.....other bnpl are there many now on ASX.
Result:
Compliance high
Control - low
Clever - all investors.....
just my 2c......DYOR
Daily Price Movement / General Discussion, page-275
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Last
$1.24 |
Change
-0.020(1.59%) |
Mkt cap ! $1.357B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.28 | $1.21 | $9.007M | 7.292M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 395766 | 9 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.24 |
Change
-0.020 ( 1.42 %) |
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| Open | High | Low | Volume | ||
| $1.26 | $1.28 | $1.21 | 1609549 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| ZIP (ASX) Chart |