don't worry there will be more capital raises.
ZIP is a serial capital raiser, its the only way to finance the company. Cashflow can't do the job when its negative.
That just leaves capital raises.
But capital raises now become more expensive as the cost of capital rises.
There will be a time to invest in ZIP but that season is not yet upon us. Have patience
Ann: HY22 Results Update, page-122
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Last
$1.60 |
Change
-0.098(5.75%) |
Mkt cap ! $1.791B | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.72 | $1.59 | $32.50M | 19.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 71294 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 105929 | 15 |
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| Last trade - 14.39pm 15/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |