it will be over $100m with ease
To be fair, Sebby was recently saying that zip had “close to 7 years” worth of cash. . Where’s his calculations lol
others have even gone so far as to suggest the recently negotiated warehousing facility can be used for marketing and general exp
look at last two quarters and the expense increase and cash burn.
HY (without external investment) will likely show a loss of $800-$900m
I am confident that they do not have $400m in cash right now.
The ratio of expense would be astronomical compared to 6 months ago, as large costing has gone to completing rebrand and further expansion, as well as offering the stagnating UK branch.
They are probably nervous about cash which is why they have decided to use shares at $6-$7 for twisto and spotti
News: Z1P Zip Says OCT Transaction Volume Highest On Record At Over A$770 Mln, page-47
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$1.76 |
Change
0.040(2.33%) |
Mkt cap ! $2.221B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.83 | $1.74 | $30.40M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 66876 | $1.76 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 60000 | 2 |
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