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.
Having put the ruler through ZIP's numbers today... I expect...
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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 |
