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.
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The market cap is irrelevant, as it's all based on speculative...
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Last
$2.42 |
Change
0.010(0.41%) |
Mkt cap ! $3.159B |
Open | High | Low | Value | Volume |
$2.43 | $2.44 | $2.34 | $24.73M | 10.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 236373 | $2.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.43 | 219576 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 236373 | 2.420 |
3 | 33968 | 2.410 |
1 | 1000 | 2.400 |
10 | 193290 | 2.390 |
6 | 174559 | 2.380 |
Price($) | Vol. | No. |
---|---|---|
2.430 | 168576 | 23 |
2.440 | 279969 | 29 |
2.450 | 969632 | 48 |
2.460 | 274690 | 16 |
2.470 | 301652 | 15 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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