ZIP 3.43% $3.38 zip co limited..

Ok, I'll stop messing around, but yes, I am content continuing...

  1. 48 Posts.
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    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.
    Last edited by EMZE: 10/10/24
 
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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
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Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
ZIP (ASX) Chart
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