ZIP, market cap is still tiny, $27m.
Cash, $4.8m on 30/06/2014.
Director said, they expected cash positive whin 8-9 months from their SIM business.
Main potential is incoming global rollout product, ZipT, similar to Skype.
Total issued shares: 61m
less: shares in escrow for 2 years, (18m)
Less: K2 Asset Management, (10m)
Less: LOng term holders, say (10m)
available to trade: 23m shares.
ZIP, rose from 20 to 45c this week, there was only small retracement due to day trader profit taking, but held up very well and closed at close to week's high, suggests demand is enough to absorb selling.
As global roll out is scheduled within weeks, share price may be heading toward $1 by Xmas.
For a speculative stock, market cap can fetch between $50m - $200m. Indicative sp for ZIP (82c - $3.27).
