I largely agree with this, but this isn’t a tech, it’s basically a financing company, on balance sheet. The tech isn’t particularly proprietary or innovative.
but yes, you raise a valid point, which is also why we see the largest swings and sell offs every time the markets run driven by the tech.
eventually something will give on large unprofitable tech, and that looks sooner rather than later imho
it isn’t zip specific either, it’s the entire growth market
Daily Price Movement / General Discussion, page-40147
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Last
$3.35 |
Change
0.100(3.08%) |
Mkt cap ! $4.373B | |||
| Open | High | Low | Value | Volume |
| $3.29 | $3.44 | $3.29 | $51.45M | 15.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 207994 | $3.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 215122 | 5 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |