ZIP 4.30% $1.82 zip co limited..

New institutional investors$400M to fund growth and...

  1. 1,049 Posts.
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    New institutional investors
    $400M to fund growth and international expansion
    Book build before market opens tomorrow
    Conversion price ~40% on agreed strike price (similar to APT)
    Small sell down by Insiders to fund tax liabilities
    Listed in Singapore (same as APT)

    Only seeing this as positive as we know growth is accelerating QoQ.

    AFR earlier mentioned $300M.
    Sounds like this might have been upsized for demand.

    go Z1P
    Last edited by Timbogold: 14/04/21
 
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