IMO this deal was done before the announcement.
Takes out any fear that the parcel remains in limbo searching for a home. So, someone was happy to take the parcel at a small discount which again IMO shows confidence that the future is brighter now for ZIP than when WBC invested at bargin price.
Onwards and Upwards.
GLTAH
Westpac sells Zip stake, page-134
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$3.38 |
Change
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Mkt cap ! $4.412B | |||
| Open | High | Low | Value | Volume |
| $3.43 | $3.51 | $3.36 | $58.50M | 17.15M |
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| No. | Vol. | Price($) |
|---|---|---|
| 23 | 358810 | $3.38 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.39 | 58756 | 2 |
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