They were short going into the raise. They then can close their short by buying shares of the raise. They then strike again when it resumes trading post raise. This is a common tactic when a company is headed for bankruptcy.
ZIP TO BOUNCE!!!!, page-290
-
- There are more pages in this discussion • 146 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.96 |
Change
-0.060(1.99%) |
Mkt cap ! $3.864B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.00 | $2.91 | $20.97M | 7.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15999 | $2.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.97 | 99192 | 8 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |