At the end of the day the market is a voting machine , and its telling you that no one except you and a few others believe anything that comes out of ZIP as they have failed to fulfil promises to so many times and spectacularly failed in their investment strategy.
I takes a special kind of idiot to invest $70 million AUD in a shonky Indian Company for a 10 % share without intensive due diligence which would have led them not to invest or even $8 million on the URGE which is no longer operating.
A company that is going to be cash flow positive does not need to hide $127 million of expenses in Corporate Costs in the segmental analysis with no corresponding revenue to offset it against.
They have little more than 3 months unrestricted cash left and a waning appetite for further capital raising.
Any one buying here could lose their entire investment.
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Zip Co remains popular with savvy customers as it narrows loss by 60pc, page-39
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Last
$3.33 |
Change
0.020(0.60%) |
Mkt cap ! $4.373B |
Open | High | Low | Value | Volume |
$3.31 | $3.40 | $3.26 | $31.51M | 9.412M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4340 | $3.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.00 | 200266 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 69211 | 3.350 |
4 | 135756 | 3.340 |
9 | 154097 | 3.330 |
10 | 229346 | 3.320 |
11 | 630191 | 3.310 |
Price($) | Vol. | No. |
---|---|---|
3.360 | 525687 | 7 |
3.370 | 399414 | 18 |
3.380 | 412377 | 12 |
3.390 | 65244 | 5 |
3.400 | 201439 | 17 |
Last trade - 15.59pm 15/11/2024 (20 minute delay) ? |
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