ZIP 5.04% $1.70 zip co limited..

Ann: Completion of Security Purchase Plan, page-14

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    Even when offering punters a discount if they buy shares, not even $24m was raised (before costs which is probably a couple million!) and it was at $1.48 - a whopping 22% discount to what they were hoping to get! ($1.90)... remember, they were hoping to raise $50m! so to not even get to half of that is well and truly a sign of the times... anyone notice how there isn't really any 'fluff' announcements these days? like "Z1P PARTNERS WITH CORNER DAIRY ON FAKE STREET" style stuff that doesn't mean much but designed to get everyone excited...? this stuff combined with layoffs paints a bleak, yet not unexpected (by me at least) picture of Z1P's true position...
    Last edited by investor_jackson: 06/04/22
 
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