ZIP 1.93% $1.78 zip co limited..

How do we all feel about the COVID situation in Australia and...

  1. 119 Posts.
    lightbulb Created with Sketch. 26
    How do we all feel about the COVID situation in Australia and its affect on Z1P.
    I sold out for a profit @5.89 when Melbourne announced its lockdown due to my perception of decreased market sentiment. Evidently it was very short lived and the SP recovered quickly.
    I then bought back at an average of $6.60 lol.

    With the number of cases increasing from zero in NSW, this could spell the start of another outbreak. To me Z1P will not be particularly affected in the long term and probably benefit from increased online shopping ect. In the short term however, do we think that this could dampen some of the optimism around Z1P and the $8-12 price prediction?

    I'm very new investing so am just learning so would love peoples opinions
    Last edited by candytrades: 12/07/20
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.