The retail sector is exploding. Look at the latest retail figures. Look at Kogan, Look at Harvey norman. Their sales are insane.
A falling market may come to pass but this in no way reflects on the value of Z1P. When it was $1.40 it was underpriced, it wasn't fair because the market fell to those levels. The concern of consumber debt is being controlled by QE. It is an issue, and so is bad debt but at $5 I think it would be priced in. Also unlike APT, Z1P does do credit checks before approving an account. Which helps with the risk somewhat.
You also mention equities being overbought and over valued. In Australia the situation is not as bad. Our index and market recovery is slower than that of the US. There are not too many large cap stocks overvalued currently.
The retail sector is exploding. Look at the latest retail...
-
- There are more pages in this discussion • 1,546 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.16 |
Change
-0.030(1.37%) |
Mkt cap ! $2.803B | |||
| Open | High | Low | Value | Volume |
| $2.15 | $2.21 | $2.10 | $31.00M | 14.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 56678 | $2.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.17 | 4585 | 2 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |