ZIP 3.27% $3.25 zip co limited..

Ann: Becoming a substantial holder, page-145

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  1. 11,183 Posts.
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    I reckon Ms Scott stabilised the business by cutting costs and organising a new fully drawn advance from Ares Capital of $150 mil, so there technically should not be any need for further funds. They still need to refinance almost $1.5 bil in loan book funds between now and September (whoops - don't mention the war - we assume they did the last one on March 10 LMAO) and I don't reckon they would want to drive down the SP after all the trouble they have gone to in stabilising it, as well as the relative uncertainty of the next 6 months of refinancing $1.5 bil. Only my opinion, but I think it will be steady as she goes for a while yet and ZIP will be trying hard to avoid frightening the horses. Bring on the 3 groups who have been buying up large and don't upset them - they are in it with long positions as far as I can tell
 
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Last
$3.25
Change
-0.110(3.27%)
Mkt cap ! $4.243B
Open High Low Value Volume
$3.34 $3.35 $3.23 $32.31M 9.883M

Buyers (Bids)

No. Vol. Price($)
12 53004 $3.25
 

Sellers (Offers)

Price($) Vol. No.
$3.26 72053 5
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
ZIP (ASX) Chart
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