ZIP 4.17% $1.38 zip co limited..

Chart - Z1P, page-10492

  1. AJ7
    15,693 Posts.
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    it’s not pump & dump, it tells us few ground rules about 400 Million CN however we can discuss the interpretation on SP here on HC

    1. 400 million given to zip and zip will return 433 million after 4 years at an interest rate 2.1%
    2. Note holders saw 25% risk and took short position of 100 million at $9.18 which they will return shares to lender after 360 days

    first rule is SP above $9.18 is not suited to market makers because than they start counting loss again their original investment of 400 million

    Second rule they can’t kill the SP too low to a level that it may be hard for zip to raise and retire back 400 million after 4 years. So in my market makers will only drop SP 25 to 30% from 9.18 and then start cover short which given then juicy 40 million profit roughly. This will be ronde & repeat.

    I want to see the first cycle of this that when they start covering, in short when volume goes above 10 to 15 million Intraday.
 
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Last
$1.38
Change
-0.060(4.17%)
Mkt cap ! $1.554B
Open High Low Value Volume
$1.43 $1.43 $1.37 $13.99M 10.01M

Buyers (Bids)

No. Vol. Price($)
5 63033 $1.38
 

Sellers (Offers)

Price($) Vol. No.
$1.39 14315 4
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
ZIP (ASX) Chart
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