The dot com bubble had rapid increases in market caps of internet companies where not just mum and dads but institutional placements poured massive amounts of hard earned in to these tech start up companies from 1997.
As most internet companies generated zero profit the usual investment evaluations were useless. Investors then relied on revenue growth numbers or at a latter stage of the bubble they relied on visitors to website numbers, such as Citi and other institutions basing decisions now on mobile app and website visits to zip.co
Exactly the same scenario fast forward 20 odd years with many Superhero mum and dads and even novice high profile institutions on a lack of understanding and experience in the tech sector contributed to these massive overvaluations and now the inevitable downfall once again
- Forums
- ASX - By Stock
- it's all over!!!!
The dot com bubble had rapid increases in market caps of...
-
-
- There are more pages in this discussion • 198 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.70 |
Change
0.015(0.89%) |
Mkt cap ! $2.113B |
Open | High | Low | Value | Volume |
$1.68 | $1.70 | $1.64 | $12.79M | 7.663M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 104303 | $1.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 3777 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 37392 | 1.695 |
29 | 226615 | 1.690 |
13 | 102686 | 1.685 |
21 | 205315 | 1.680 |
15 | 389484 | 1.675 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 262049 | 37 |
1.705 | 117401 | 17 |
1.710 | 264151 | 18 |
1.715 | 185955 | 14 |
1.720 | 211584 | 20 |
Last trade - 12.42pm 07/08/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |