As they say, everything is 'relative'.
May seem high to you and others, may seem reasonable by another, and low compared to what it may be in 6, 12 months. So will current $1.30 be viewed high if far above cash rate or average ASX annual return or compared to major stocks?
We all have our own 'valuations' and have options to view levels compared to buy in, sell out, or other positions.
Noone can "know" whether 'high' or 'low'. Everything is 'relative'...and 'time' will tell us all.
Contrary to your investment decision, which is respected, and congrats on profits and all the best with how you wish to investment the proceeds, I myself, as stated previously, atm do not consider exiting my entire position for anything less than $3. I have 'time', and very good comparative advantages and performances of ZIP on my side, and did not use cash need back urgently to exit.
To each their own.
As they say, everything is 'relative'. May seem high to you and...
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Change
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Mkt cap ! $3.246M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 13457151 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12197609 | 10 |
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