If that is the case, then you would be much better off buying SZL, as your loss would be significantly less. ZIP at 50 cents is just a reason not to buy either company. The question assumes you will be buying zip anyway and then asks, why not choose SZL given the discount.
For me, the discount just shows how much fear is out there and how irrational (and manipulated?) these stocks are.
Why would you buy ZIP when you can buy SZL at 30% discount?, page-12
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Last
$1.65 |
Change
-0.040(2.37%) |
Mkt cap ! $1.858B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.66 | $1.60 | $24.14M | 14.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 144386 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 170543 | 5 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |