$4mil at 42c via pattersons, page-19

after this lovely Pump up to 57c ..by Patersons ..

they may have the cash locked in at 42c ..by giving the sophs incentive to buy into ZIP at a 35% discount to the close of 57c.

will they sell to cash in the difference of 15c = to a 35% profit from 42c ?

or will they excite you punters first with Presentations to hold the sp up..and then sell for even more in a new frenzy ..?

the movements of a shares Sp upwards.. just prior to a TH + CR ann to raise Working Capital funds is very dubious when organised by Patersons or any broker...

as Pump up of the sp is obvious ..just to get it away to sophs ..at a 35% discount later ?

a 35% discount to closing price is huge.. and i fear the losers will be all those that paid near 57c ..until Zip shows a strong income growth stream ..or 50m users worldwide... scale etc

anything under 42c on open ...is probably safe buying now ..