ZIP 4.30% $1.82 zip co limited..

$20 Million from Middle East

  1. 1,401 Posts.
    lightbulb Created with Sketch. 8
    On 30 March 2023 ZIP impart made the following announcement to the market:-

    Subject to closing conditions, including regulatory approval and along with previously announced actions to wind down its operations in the Middle East, Zip expects aggregate net cash inflows of approximately $20m to be received during H2 FY23. Cash EBTDA for Zip’s EMEA businesses was ($10.2m) in H1 FY23 and as a result of these transactions and decisions, on completion Zip will have successfully delivered on its objective of neutralising cash burn from its RoW footprint by the end of this financial year.

    Has the $20Million been received?



 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$1.82
Change
0.075(4.30%)
Mkt cap ! $1.997B
Open High Low Value Volume
$1.77 $1.82 $1.72 $39.81M 22.44M

Buyers (Bids)

No. Vol. Price($)
2 7000 $1.81
 

Sellers (Offers)

Price($) Vol. No.
$1.82 126671 13
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.