Because the market never gets it wrong. All these algorithms, hedge funds and traders are perfect, 100% of the time. Just like when ZIP was priced above $10. The market was completely right. And now ZIP is $1. The market is completely right.
The market is irrational. It's lazy to just disregard an opportunity as 'no free lunch' rather than taking a closer look at the sandwich which has just been presented to you. Excuse me if I take a bite of it.
Because the market never gets it wrong. All these algorithms,...
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Last
$1.69 |
Change
0.165(10.8%) |
Mkt cap ! $1.904B | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.69 | $1.54 | $34.28M | 20.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 107872 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 87594 | 9 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |