Exactly what ZIP management did to make sure the market will be re-rating Zip and sp should reflect reasonable valuation.
As Mr Diamond and Peter Gray, Zip's other co-founder, explained on the call, the board thought Zip's share price was undervalued when it considered funding options for the deal - so was cautious about raising capital at a discount via an institutional placement.Instead, it used a structure involving convertible notes and warrants where funding could be raised at a premium.
- Forums
- ASX - By Stock
- ZIP
- $10 Party
$10 Party, page-265
-
- There are more pages in this discussion • 1,362 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.75 |
Change
-0.040(1.43%) |
Mkt cap ! $3.590B |
Open | High | Low | Value | Volume |
$2.79 | $2.85 | $2.72 | $32.47M | 11.75M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 39955 | $2.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.76 | 144889 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 39955 | 2.740 |
12 | 96700 | 2.730 |
22 | 201515 | 2.720 |
14 | 193128 | 2.710 |
44 | 550070 | 2.700 |
Price($) | Vol. | No. |
---|---|---|
2.760 | 144889 | 6 |
2.770 | 294617 | 10 |
2.780 | 328979 | 12 |
2.790 | 668711 | 11 |
2.800 | 368017 | 20 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |