ZML
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0.66% 75.5¢ zip co limited

Ann: Westpac invests $40M in zipMoney, page-2

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  1. cheplan
    293 Posts.
    lightbulb Created with Sketch. 9
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    07/08/17
    09:59
    Post #: 26329305
    This is a solid announcement ($40M equity investment at a SP price of $0.81 per share).

    ZipMoney is back-ending into the banking industry, with investment from Westpac, board representation, and criterion-based revenue targets over a 5 year period from $25M and $75M over a five year period.
    ZML Price at posting: 71.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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