Zip may raise capital either through IPO Nasdaq or CN soon:
Zip did not mention about cash available in the qly
Last time they mentioned $350 mill available
India they paid $50 million with further right due to cash limitation
Rebranding and promotion $50 mill
Spotii will need $50 mio at least as tabby has already injected $130 million
Twisto may need $100 million as they mentioned three more countries next year
Mexico and Canada $50 million
SEA three countries launch next year $100 m
South Africa expansion $50 mill
UK growth picking up $100 million
Cash positive Australia $50 million by the end of the year and US moving towards cash positive.
I don’t think the cap raise will go beyond the end of the year
Daily Price Movement / General Discussion, page-34425
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Last
$2.55 |
Change
-0.070(2.67%) |
Mkt cap ! $3.329B | |||
| Open | High | Low | Value | Volume |
| $2.58 | $2.62 | $2.53 | $15.52M | 6.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9615 | $2.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.56 | 58215 | 6 |
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| ZIP (ASX) Chart |