What’s Happening to the Share Price of Ziptel Ltd?

Ziptel
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What does Ziptel Ltd do?

Ziptel Ltd [ASX:ZIP] is an Australian owned and operated telecommunications business focused on providing international roaming and calling solutions to the consumer, using state of the art technologies developed and wholly owned by ZipTel Limited.

Their ZipT, mobile based VOIP (Voice Over Internet Protocol) application allows customers to make international calls at very low rates and delivers superior sound quality in lower bandwidth data environments. It delivers superior voice quality through its dynamic audio compression technology at bandwidths as low as 6kbps.

In comparison with other leading telephony applications, ZipT can operate in extremely low data environments, up to 80% lower than its peers, and in particular, in areas where competitors cannot operate.

In addition, ZipT requires significantly less data per minute resulting in greater cost savings for customers.

Their international pre-paid travel sim card ‘AussieSim’ offers consumers savings on talk, text and data whilst travelling overseas across more than 180 countries.

That’s interesting, but what is the chart telling us?

What does the chart look like?

I find it helpful to bring up a chart. Here’s the daily chart of ZIP.

ZIP Shares

Source: STEX

You just have to be aware of stocks like this.

What now for ZIP shares?

The last significant announcement was nearly two weeks ago. You could expect and be ready for positive news to come from this company. Let’s wait and see.
You could follow this stock now and take note of how it reacts to news. This is how you learn about markets.

You can get a better understanding markets and how to read a chart here. If you are unable to read a chart, then you remain at a substantial investment disadvantage.
Cheers,

Terence Duffy,

Research Analyst, Cycles, Trends and Forecasts

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