ZIP 0.88% $1.72 zip co limited..

I agree re the absurdity of $14+, and I expect that one day...

  1. 82 Posts.
    lightbulb Created with Sketch. 22
    I agree re the absurdity of $14+, and I expect that one day you'd even get your money back at the current price, but the question is why bother ?.
    I expect this will go 30%- 60% lower ie 50c or 25c, which may be a good time to buy and hold for a few years.
    The shares are currently not worth much more than 9c, but if youre an optimist, and believe LD knows as much about running a company as starting one, then perhaps one day, in 3 yrs or more, you'll even get your 75c back.
    In the meantime there are lots of other good things that are going to be in far greater demand than another credit facility.
    Just my 2c worth and DYOR.
 
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