ZIP 3.63% $1.29 zip co limited..

The BOD may have changed but the smoke and mirrors viewed...

  1. 4,227 Posts.
    lightbulb Created with Sketch. 1848
    The BOD may have changed but the smoke and mirrors viewed through the purple haze of Zip presentation style remains the same.

    It was interesting that they announced a snippet of CF and EBTDA positive a few short weeks before the official results were due promting a significant rally and when the official results are released any positives are simply due to accounting treatment.

    The corporate debt raising is truly in lender of last resort territory and with new receivables facility due to ve refinanced soon there is simply no way this company cam ever be profitable without a massive and I would expect heavily discounted capital raising.
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$1.29
Change
0.045(3.63%)
Mkt cap ! $1.442B
Open High Low Value Volume
$1.27 $1.32 $1.27 $16.63M 12.86M

Buyers (Bids)

No. Vol. Price($)
1 30048 $1.29
 

Sellers (Offers)

Price($) Vol. No.
$1.29 290528 11
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$1.29
  Change
0.045 ( 3.89 %)
Open High Low Volume
$1.25 $1.31 $1.25 2717786
Last updated 15.59pm 03/05/2024 ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.