~1m share rights will be tested in August. They have a performance condition requiring 10% compounded outperformance vs. ASX300 and a baseline share price of $1.1175. I figure this means the ZIP share price needs to be around the $2 mark (or higher) come August for the full 1m shares to vest.
$50k is inconsequential relative to whether or not these shares vest
ZIP Price at posting:
$2.57 Sentiment: Sell Disclosure: Held
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