I don't think anyone is "expecting" anything but a slow climb to $100. however, if the report (which most analysts are calling will be positive) is, in fact, good, then the share price at its current momentum, will spike again. it is only inevitable, as history has shown, that nothing goes up in a straight line and there will be profit taking along the way, along with the price movements that generally come with good news, impartial and neutral news, and bad news.
if you're hoping for it to fall to an "affordable level", which we presume is less than current market value, after the presumably positive report is released, then sadly this is no logical response for this, as it seems very unlikely. we can however presume you will have more money post February 25th, and again, as history has shown both with z1p and many other stocks, there will always be top up opportunities, whether greater or lesser than current price. one however would assume that for the immediate time frame and shorter term outlook, dips will arise when new bases form, which will be presumably higher than $9-$10 range.
just my opinion, and as always dyor
Daily Price Movement / General Discussion, page-708
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Last
$1.29 |
Change
0.045(3.63%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.32 | $1.27 | $16.63M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30048 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 290528 | 11 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.29 |
Change
0.045 ( 3.89 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.31 | $1.25 | 2717786 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ZIP (ASX) Chart |