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Ann: Proposed issue of Securities - Z1P, page-134

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  1. 1,524 Posts.
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    ah yup, so we've seen the presentation, and to summarize: it is money to basically keep the lights on, but with some feel good words in there about expansion and growth (because the funds raised for previous "expansion and growth" obviously ain't producing any return, hence need more cash now). Good job by the manipulators to keep Z1P's share price so high, in particular the pump today, as the pump today means the share price funds are being raised at looks like a discount. (No, they aren't buying westpac, nor are they raising funds for an exciting new acquisition, nor are they launching new products, nor is there a big new investor coming on board)

    (If anything, they're copying what HUM did recently with its humm ventures company)
    Last edited by investor_jackson: 16/12/20
 
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