ZIP will be zipped forever like Virgin went administration in a pandemic. Hey, guys just try to get as much credit from using ZIP app so that you could recover some of your lost money.
I am guessing what will happen to ZIP is:
1) Mr. Diamond( dirt) will try to raise more funds to secure his high living standards but all investment banks know what he is doing.
2) One of the investment banks will demand their loan or force ZIP to file for voluntary administration.
3) Mr. Diamond will say yes and the team will file ZIP for administration and the private equity firm will buy ZIP for a cheap price.
5) The ZIP will be ZERO in the ASX listing and we all retail investors will lose our hard earn money.
6) Down the track, in a couple of years later, the same bankers will re-brand ZIP and relist the same shit in ASX for exploding price.
Mr. Diamond knows all because his ex-employee Macquarie Bank has done the same. Mr. Diamond and his team will fill their fat belly and still will enjoy a lavish lifestyle as well as rub the shoulders with the most influential people.
My advice is, to get ready for the down hold ride and don't get a heart attack when this happens. Good Luck.
1 cent party, page-4
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Last
$1.34 |
Change
0.005(0.37%) |
Mkt cap ! $1.506B | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.40 | $1.34 | $14.31M | 10.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 175082 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 2348 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.34 |
Change
0.005 ( 0.62 %) |
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| Open | High | Low | Volume | ||
| $1.36 | $1.40 | $1.34 | 2941807 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| ZIP (ASX) Chart |