Yeah, agreed. However, the equity deal will deliver more than 23 per cent of Zip to QuadPay's investors, and another 6 per cent to SIG. Initial convertible notes at $5.5 and SIG 19 million warrants at $5.1 Subject to shareholder approval.
Quadpay annualized revenue $70 million that had an +40% reduction in new customers growth for Q1 2020 and 8% reduction in TTV QOQ%. Yes the company was purchased at a premium and it has a larger economic pie for future growth that the SP is considering. If ur long term trader i agree with your growth. I'm thinking a shorter term growth and current cash holdings and required finance capital effects on SP.
Ann: May Trading Update - Another Strong Month During Covid, page-134
-
- There are more pages in this discussion • 38 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 |