Ann: Trading Halt, page-201

** Analysts at Citi see financial services firm Zip Co's ZIP.AXequity raising of A$217 mln ($146.17 mln) as "opportunistic"** It makes sense to use the proceeds to retire expensive corporate debt, analysts say** Ord Minnett sees consensus revenue and earnings forecasts to be improved on the back of co's quarterly update and capital raising** Ord Minnett notes that the June quarterly trading update was above its expectations, albeit slightly lower on a revenue margin front** Zip posts total operating revenue of A$223.6 mln for the quarter with a revenue margin of 8.6% vs Ord Minnett estimate of 9%** Citi expects the strong performance in the U.S. to continue as Zip talks to a strong merchant and partner pipeline in the U.S.** Avg rating of seven analysts, including Ord Minnett's, an equivalent of "buy"; their median PT is A$1.40 - LSEG data** Stock has risen 152% this year, as of last close