You're getting caught out by what is called anchoring bias in behavioural economics. E.g. Bitcoin was 20k in 2017, it's only a matter of time before it goes back there. Or APT is $30bn, Z1P $3bn SURELY this will narrow.
Proven to be one of the best ways to lose money (or lose out on gains) on the stock market. APT increased $800M today, Z1P is on track of increasing $60M.
Don't try and focus so much on "gaps" or whatever other rubbish biases you might be facing and just focus on Z1P. Remember, when holding a stock a 3% increase in Z1P is as good as a 3% increase in APT. So the fact that the market cap gap is widening shouldn't matter at all. The % increase is what matters and today Z1P's increase isn't far off from APT.
You're getting caught out by what is called anchoring bias in...
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Last
$1.70 |
Change
0.020(1.19%) |
Mkt cap ! $2.151B | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.73 | $1.64 | $28.18M | 16.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 99289 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 116269 | 2 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |