ZIP 13.5% $2.19 zip co limited..

I'm using wash notices and keeping track of shares issued to...

  1. 619 Posts.
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    I'm using wash notices and keeping track of shares issued to family and friends. APT has significantly less shares issued on a regular basis. Are you trying to suggest that incessant wash notices/share issues have NO effect on price?

    That's like thinking the market cap is reflective of a company's value. Market cap can be increased in a heartbeat by issuing more shares (simple price x shares = MC). That wouldn't reflect any increased value in the company, only an increase in issued shares. Z1P could issue 9 billion shares today, and the market cap would increase by 66 billion. Means absolutely nothing without market depth.

    IF as per your scenario, Z1P consolidated shares 1:10 and there were only 54 million, we'd see reduced liquidity and (no brainer) a huge price spike. If new shares are being printed to family members, then dumped on the market every 5 minutes - the price will stay flat, or go down. It's not rocket science.
 
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Last
$2.19
Change
0.260(13.5%)
Mkt cap ! $2.772B
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$2.01 $2.19 $2.00 $56.69M 26.96M

Buyers (Bids)

No. Vol. Price($)
13 133683 $2.18
 

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Price($) Vol. No.
$2.20 235682 50
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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