I'm unsure as how to an event which affected the whole market, being the 2020 crash, can be linked to zip's volatility. Think of the march 2020 SP as a minimum the market was willing to pay in consideration of zip's financial position, revenues and the market conditions at the time. Times have changed since, zip has grown significantly these last 12 months alone.
Should zip list on the nasdaq, which imho is a matter of when not if, the company will finally get a fairer valuation. If we apply a conservative 10x multiple based on the November figures, which we can conclude from that the month's revenue would around 60-65 million, that would place zip's valuation around the 7 billion mark. I am banking on a valuation multiple of something around 15x, but let's not talk about more generous multiples that our buddies at affirm have, that would get me too excited![]()
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Last
$2.33 |
Change
0.050(2.19%) |
Mkt cap ! $2.959B |
Open | High | Low | Value | Volume |
$2.35 | $2.43 | $2.33 | $12.72M | 5.347M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 29946 | $2.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.34 | 123881 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 117358 | 2.330 |
18 | 265531 | 2.320 |
18 | 127790 | 2.310 |
27 | 436446 | 2.300 |
10 | 114277 | 2.290 |
Price($) | Vol. | No. |
---|---|---|
2.340 | 111037 | 20 |
2.350 | 440156 | 20 |
2.360 | 218225 | 15 |
2.370 | 131480 | 17 |
2.380 | 161363 | 15 |
Last trade - 10.42am 30/08/2024 (20 minute delay) ? |
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ZIP (ASX) Chart |