ZIP 2.76% $2.11 zip co limited..

Ann: Becoming a substantial holder, page-145

  1. 9,828 Posts.
    lightbulb Created with Sketch. 1197
    I reckon Ms Scott stabilised the business by cutting costs and organising a new fully drawn advance from Ares Capital of $150 mil, so there technically should not be any need for further funds. They still need to refinance almost $1.5 bil in loan book funds between now and September (whoops - don't mention the war - we assume they did the last one on March 10 LMAO) and I don't reckon they would want to drive down the SP after all the trouble they have gone to in stabilising it, as well as the relative uncertainty of the next 6 months of refinancing $1.5 bil. Only my opinion, but I think it will be steady as she goes for a while yet and ZIP will be trying hard to avoid frightening the horses. Bring on the 3 groups who have been buying up large and don't upset them - they are in it with long positions as far as I can tell
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$2.11
Change
-0.060(2.76%)
Mkt cap ! $2.754B
Open High Low Value Volume
$2.20 $2.22 $2.08 $40.02M 18.74M

Buyers (Bids)

No. Vol. Price($)
2 14064 $2.10
 

Sellers (Offers)

Price($) Vol. No.
$2.12 777599 13
View Market Depth
Last trade - 16.10pm 11/09/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.