ZIP 5.04% $1.70 zip co limited..

Were you taking this advice from the company 6 months ago?The...

  1. 8,677 Posts.
    lightbulb Created with Sketch. 1070
    Were you taking this advice from the company 6 months ago?

    The cash impact to Zip’s corporate interest expense as a result of the above changes to the Group’s
    capital structure is expected to be immaterial.

    They had a corporate facility of $120 mil, tipped $10 mil cash to pay CGI, then borrowed the other $30 mil. Now they have paid$20 mil down and were only $10 mil away from having not had to borrow $150 mil at a cost of $287 mil. Crazy muthas.
    Or they got shaken down

 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$1.70
Change
-0.090(5.04%)
Mkt cap ! $1.909B
Open High Low Value Volume
$1.74 $1.78 $1.69 $129.7M 75.80M

Buyers (Bids)

No. Vol. Price($)
4 93847 $1.69
 

Sellers (Offers)

Price($) Vol. No.
$1.70 556968 2
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.