They will get money, not shares. Basically they'll get par+accrued interest, but with the share price somewhat higher than that, they have time to file their conversion notice and get stock worth slightly more that they can sell (or hold onto to retain exposure to ZIP). Much tidier capital structure, and given the separate funding structures for the receivables in US vs ANZ, a short step to splitting the businesses.
- Forums
- ASX - By Stock
- ZIP
- Ann: Zip Senior Convertible Notes - Early Redemption
Ann: Zip Senior Convertible Notes - Early Redemption, page-6
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.08 |
Change
-0.075(6.52%) |
Mkt cap ! $1.211B |
Open | High | Low | Value | Volume |
$1.15 | $1.15 | $1.06 | $17.63M | 16.32M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 13889 | $1.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.08 | 129859 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 13889 | 1.070 |
4 | 19538 | 1.065 |
24 | 562370 | 1.060 |
11 | 157163 | 1.055 |
27 | 358251 | 1.050 |
Price($) | Vol. | No. |
---|---|---|
1.080 | 129859 | 6 |
1.085 | 159673 | 8 |
1.090 | 326377 | 7 |
1.095 | 143130 | 5 |
1.100 | 75577 | 6 |
Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
|
|||||
Last
$1.07 |
  |
Change
-0.075 ( 6.49 %) |
|||
Open | High | Low | Volume | ||
$1.14 | $1.14 | $1.06 | 5526166 | ||
Last updated 15.59pm 04/06/2024 ? |
Featured News
ZIP (ASX) Chart |