Z1P Co (Z1P) +12.16%: Traded to a new all-time high today and there was some big volume going through the stock – momentum is clearly very strong here. Seems there might be some yanks getting in ahead of a potential dual listing! Not sure how long this momentum will last however if we put Z1P on the same multiple that US based Affirm listed on, Z1P is worth ~$28. That’s probably not realistic however not many thought Afterpay (APT) would be trading at $158, MM included.
MM remain bullish Z1P holding in our Growth Portfolio
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