My mistake, sorry everyone - haven't been able to find any definitive confirmation that Zip won't do a capital raise.
I can only see the repeated statements regarding "Zip remaining well funded with sufficient available cash and liquidity to support
execution of strategic priorities through to group positive cash EBTDA."
Which is regularly combined with the constant mentions of focusing on sustainable profitable growth.
In my mind I'm reading between the lines of those 2 statements to indicate that they wouldn't do a capital raise, but they haven't explicitly said no capital raise.
At the end of the day, I'm not fussed if they do a capital raise providing it is for a good reason and provides genuine value to the company - but I will still be very surprised if they do a capital raise at this share price.
My mistake, sorry everyone - haven't been able to find any...
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