Having put the ruler through ZIP's numbers today...
I expect cash to be around $1.8 mill at end of this quarter (following recent cash raise and no R&D income).
Market cap at current price is $2.7 mill (149,733,899 shares x 0.18 (using current price)).
On your reasoning, market values ZIP IP at 900k or share price will lower (further correct itself) on Monday.
Cash backing is at 1.2c per share.
Ann: Company Update, page-80
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.36 |
Change
0.050(1.51%) |
Mkt cap ! $3.394B | |||
| Open | High | Low | Value | Volume |
| $3.31 | $3.40 | $3.26 | $37.72M | 11.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60746 | $3.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 426165 | 4 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |
