ZIP 7.89% $2.26 zip co limited..

Good for a punt?

  1. 2,080 Posts.
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    im in at .855 for my first bullet, second bullet in the chamber.

    i think there is a trading opportunity here.

    zero risk of insolvency in the near future- certainly not by end of week

    market has reversed substantially last night- almost a 3% swing on sp500. possible low formed?

    this play is largely exposed and highly sensitive to the macro environment/rates, which IMO have peaked in terms of bearishness and rate

    high risk play obviously so all imo

    bear markets end in recessions

    buy when there is blood on the streets

    and lastly, it seems to be respecting .865-.86 low and a far cry from last institutional raise and spp

    very much a contrarian play and jebus help us all

    gltah and dyor
 
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Last
$2.26
Change
0.165(7.89%)
Mkt cap ! $2.848B
Open High Low Value Volume
$2.20 $2.26 $2.17 $25.25M 11.39M

Buyers (Bids)

No. Vol. Price($)
11 105346 $2.25
 

Sellers (Offers)

Price($) Vol. No.
$2.26 573601 22
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Last trade - 11.38am 28/08/2024 (20 minute delay) ?
ZIP (ASX) Chart
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