ZIP 1.65% $2.38 zip co limited..

Wasn't massive gains, but reinvested across various stocks,...

  1. 7,604 Posts.
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    Wasn't massive gains, but reinvested across various stocks, Aussie bio-techs mainly and margin on short US futures (since mostly closed out). Sorry, I should have updated sentiment, I bought ZIP again yesterday, only small. US bounce until near next 75 BPS hike in November I reckon.

    Europe and Japan will be in the crapper for an age I reckon and the US economy not much better. There are some bargains out there in punished small cap Aussie stocks with very real likelihood of going positive cash flow, gains on which will far outweigh any wider mkt beta moves.

    Last time ZIP and others punished in EOFY selling. This time a lot of US mkt fall linked selling etc. ZIP is decent value here IMO, just ASX200 selling and other well discussed stuff on here weighing on it. Tis' a risky stock, but well under notional fair value here, even allowing for its ponderous future.
 
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Last
$2.38
Change
-0.040(1.65%)
Mkt cap ! $3.107B
Open High Low Value Volume
$2.43 $2.46 $2.34 $28.76M 12.04M

Buyers (Bids)

No. Vol. Price($)
5 32053 $2.37
 

Sellers (Offers)

Price($) Vol. No.
$2.38 259719 12
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
ZIP (ASX) Chart
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