Jun. 23 at 6:41 PM
$ZAPP After plunging from over
$19 to just a few cents, Zapp Electric Vehicles Group Ltd. (ticker ZAPPF) has shown signs of stabilization on the OTC market, with a recent price around
$0.08–
$0.09. The consolidation may be linked to the i300’s European homologation and commercial expansion across Europe.
However, the market cap remains extremely low (around
$635,000), and fundamentals are weak, with limited revenues and substantial operating losses. The stock remains highly speculative, though it holds potential for a turnaround.