ZIP 5.26% $2.40 zip co limited..

No one can "expertly" answer this question because there are so...

  1. 563 Posts.
    lightbulb Created with Sketch. 55
    No one can "expertly" answer this question because there are so many variables like competition, profit/earnings, share volume, directors interests, market sentiment etc etc etc this is a never ending list.

    You have to bear in mind that price is roughly where it was pre covid which creates the illusion that it hasn't moved anywhere, however a heap of additional shares have been issued in that time.

    In any event this week was the first time zip was below 5 bucks for the entire year. Most likely that early next year they'll announce some new fandangled thing and it will pump back up to 8 bucks sit there for a bit until the next global panic inducing event and she will steadily move back to 5 bucks. My opinion is that It will keep doing this until it starts making a profit which is likely decades away (which makes it a great trading stock in the meantime).
 
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Last
$2.40
Change
0.120(5.26%)
Mkt cap ! $3.114B
Open High Low Value Volume
$2.35 $2.43 $2.25 $56.09M 23.76M

Buyers (Bids)

No. Vol. Price($)
1 2000 $2.38
 

Sellers (Offers)

Price($) Vol. No.
$2.40 231123 22
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
ZIP (ASX) Chart
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