Major difference is the market cap in March 2019.
March 2019 SP of $1.80 with ~600m* ordinary shares available, equated to a market cap of $1.08b.
March 2024 SP of $1.5 with 1b ord shares available, equates to a market cap of $1.5b
Therefore valuation today is almost 45% higher than valuation of ZIP in Mar19.
*guessing the number of shares. Happy to be corrected on this number but the principal is the same, which throws a bit of furphy of technical chart analysis.
Would be wise to calculate how many shares have been traded since bottoming out from $0.40 down to $0.255 and then up to now. Then use this number to determine how many are long long, or long short etc.
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Major difference is the market cap in March 2019.March 2019 SP...
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Last
$2.31 |
Change
0.050(2.21%) |
Mkt cap ! $3.015B |
Open | High | Low | Value | Volume |
$2.33 | $2.41 | $2.30 | $28.87M | 12.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 223142 | $2.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.32 | 101520 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 223142 | 2.310 |
27 | 442828 | 2.300 |
7 | 146868 | 2.290 |
7 | 225260 | 2.280 |
6 | 116119 | 2.270 |
Price($) | Vol. | No. |
---|---|---|
2.320 | 101520 | 1 |
2.330 | 750 | 1 |
2.340 | 102255 | 5 |
2.350 | 404401 | 14 |
2.360 | 169824 | 7 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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