The best time to do a Cap Raise is when the company doesn't need it. Zip is doing well, they didn't need the extra funds.
But why not get them when the timing is right? It opens up opportunities.
The worst time to raise capital is when the company really needs it. You never get good deals in desperation. Zip wouldn't have to raise it at 5.50$ early this year if they didn't run out of money. Clearly undervalued, created easy money for institutions at that time.
We'll find out on Friday, but I hope for another Quadpay-like acquisition!
Capital Raising. The elephant in the room., page-92
-
- There are more pages in this discussion • 43 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
$1.89 |
Change
-0.125(6.22%) |
Mkt cap ! $2.385B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.98 | $1.85 | $54.15M | 28.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 639873 | $1.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 149904 | 4 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |