Listed buy-now-pay-later business Zip Co had Goldman Sachs stitching up a cash injection on Thursday morning.Zip co-founder and global chief operating officer Peter Gray. Rhett Wyman.Sources said Zip was looking for about $25 million and was expected to bring in the bulk of it from its lenders.Its shares last traded at 50.5¢ a pop after losing 21 per cent in the past 12 months. It has a $388 million market capitalisation.The capital markets trip comes as Zip Co plans to close its Middle East operations and divest its European business, Twisto, alongside its Payflex business in South Africa. It would retain its core consumer lending operations in Australia and the US.
Listed buy-now-pay-later business Zip Co had Goldman Sachs...
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Last
$1.29 |
Change
0.045(3.63%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.32 | $1.27 | $16.63M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 30048 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.29 | 290528 | 11 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.29 |
Change
0.045 ( 3.89 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.31 | $1.25 | 2717786 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ZIP (ASX) Chart |