If Zip rallies again today as I expect the party hasn't even started....
... given the shorts locking in profits and covering between 15 and 20m shares or about 20-30% of the short ....that's what the sudden inflation drop has caused,
... and long funds average down
.... and new buying comes in from retail funds and players
..... and then hedge funds may even go long....
Either way shares will be scarce for a while I believe. How scarce only 2.7m on screen to about 1.30 after that it will get interesting....
DYOR
I told you good time to buy, page-37
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Last
$1.65 |
Change
-0.040(2.37%) |
Mkt cap ! $1.858B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.66 | $1.60 | $24.14M | 14.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 144386 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 170543 | 5 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |