ZIP 1.51% $3.36 zip co limited..

Compare that to NOR. It’s more unlikely than likely they will...

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  1. 1,370 Posts.
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    Compare that to NOR. It’s more unlikely than likely they will turn their tech into something profitable... if they were to “pivot” they would need to slowly drop each project into Care and maintenance (the current shareholders would take the hit from $12M market cap to a range of $1m-5m I’ve what a shell is worth) then make all their staff redundant and cut their costs to nothing, then they would need to raise money as cutting costs results in plenty of one off payments, then they would need to consolidate the 1Billion shares they have on issue and then they could start looking at new ops. ZIP has none of these issues, $1.3m in the bank, probably more with R&D to come, 150M shares on issue and lowest spend on ASX... of all the mistakes this management made, there are some things all should recognize they have done well and putting the shell in this good nick is one
 
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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
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ZIP (ASX) Chart
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