Umm, there are thousands of stocks that have traded effectively zero, its call going bankrupt, insolvent; it involves voluntary or involuntary delisting on the ASX i.e. the stock becomes worthless, zero!
You might have heard the recently third largest airline company in Australia recently did. A little company called REX, Australia's third-largest airline group behind Qantas and Virgin Australia before entering voluntary administration in July 2024. REX shareholders value of their holdings worth precisely ZERO.
On the bio-tech front you may have heard of a company called Opthea last year that has gone under, that will shortly be de-listed and equity holders will get precisely ZERO when it does. There are dozens of companies every year a simple AI search would reveal to you.
This is a pointless argument - its clearly not an immeasurable piece of string both ends. Do you really need an education in log-normally distributed share pricing patterns? At its simplest the downside in equity prices starting at zero and theoretically, if not actually, being unlimited to the upside. It underlies every (logical) stochastic model in equity pricing.
But you are quite right, absolutely, none of us can ultimately precisely call the bottom (or the top) in GSS.
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