ZIP 2.34% $1.46 zip co limited..

Vinesh...Good to hear, you just need to work out if this is...

  1. 147 Posts.
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    Vinesh...

    Good to hear, you just need to work out if this is still the best place for what you do have invested.

    Your buy price is irrelevant really except for CGT, and holding with hopes to breakeven is one of the core tenets of bagholderism. If you had that amount of money in your hands now, would you put it all in Z1P, or sprinkle it around?

    There's really no guarantee it heads back towards its ATH again anytime soon, as there has been a substantial impairment to the present worth of its future value. That's for all growth stocks, but particularly those with very high growth, priced on expectation of returns that won't come until well into the future. That clip in value caused by a rising risk-free rate will not be returned (and could easily get worse), so it will need to perform well on its own merits to reach those prices again (rather than riding the coat tails of near-zero bond yields).

    Ignore if it's only play money and you've got decent ETF holdings.
    Last edited by bleakcity: 11/03/21
 
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Last
$1.46
Change
-0.035(2.34%)
Mkt cap ! $1.644B
Open High Low Value Volume
$1.50 $1.54 $1.45 $19.96M 13.39M

Buyers (Bids)

No. Vol. Price($)
4 104211 $1.46
 

Sellers (Offers)

Price($) Vol. No.
$1.47 50000 2
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