Ok, I'll stop messing around, but yes, I am content continuing to hold ZIP. I will be honest though and say that while I am still holding a significant portion of it, I did decide to sell approximately 50% of my holdings two weeks ago when I reached the 12-month CGT mark.
The price at the time was around $2.75, which, in hindsight, may have been premature given the subsequent rise in value.However, this decision was not a reflection of any loss of confidence in ZIP. I typically sell a portion of my stocks once they reach the 12-month mark to manage my tax obligations from RSU's I receive the previous tax year, and I like to re-invest some of the profits into other high-risk, high-reward stocks. Sometimes things work out, sometimes not so much.
The 50% I have kept in ZIP still remains a substantial amount by most standards, and I plan to hold on to it for several years unless there are significant changes.
I'm still far more confident that ZIP’s price will reach $4 or $5 over the next year or two, rather than falling below $2 again. There will no doubt be market fluctuations, and maybe even the big one which will no doubt impact the wider market as well, but I'll accept that as it's just part of the game.
- Forums
- ASX - By Stock
- The Bear Room
Ok, I'll stop messing around, but yes, I am content continuing...
-
- There are more pages in this discussion • 133 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.38 |
Change
-0.120(3.43%) |
Mkt cap ! $4.412B |
Open | High | Low | Value | Volume |
$3.43 | $3.51 | $3.36 | $58.50M | 17.15M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 358810 | $3.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.39 | 58756 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 357923 | 3.380 |
16 | 239054 | 3.370 |
26 | 172161 | 3.360 |
40 | 307248 | 3.350 |
6 | 97426 | 3.340 |
Price($) | Vol. | No. |
---|---|---|
3.390 | 58756 | 2 |
3.400 | 43934 | 5 |
3.410 | 57932 | 3 |
3.420 | 142753 | 6 |
3.430 | 276412 | 5 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |