ZIP 2.40% $1.92 zip co limited..

I'm calling it! This is the bottom !!!!!, page-326

  1. 4,305 Posts.
    lightbulb Created with Sketch. 1920
    The market cap is irrelevant, as it's all based on speculative buying from a new legion of "Covid/Lockdown" investors/gamblers who did not have the first clue how to value a company or analyse it's prospects and headwinds.

    Zip is a prime example of how NOT to run a company as they made every mistake it's possible to make and then compounded that by not learning from those mistakes.

    Sceptics will argue that any one with basic level maths grades could forecast that it was impossible to make a profit and the company itself could see that customer usage would never generate sufficient revenue to cover customer acquisition costs.

    You need to draw your own conclusion but Directors have cashed out to the tune of hundreds of millions on the back of what was always a hopeless business plan.
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$1.92
Change
0.045(2.40%)
Mkt cap ! $2.436B
Open High Low Value Volume
$1.90 $1.93 $1.89 $11.42M 5.966M

Buyers (Bids)

No. Vol. Price($)
10 48338 $1.92
 

Sellers (Offers)

Price($) Vol. No.
$1.93 72241 24
View Market Depth
Last trade - 12.06pm 15/08/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.