70K got culled last year.
------------------------------------At no point were the words "opt out" used, nor did the body text of the email mention the November 20 deadline for shareholders to indicate their desire to retain their small holdings.
It's no surprise, in these circumstances, that almost 70,000 of Zip's 78,000 small shareholders did not opt-out and had their shares sold by the company.
Zip established this sale facility when the share price was 27 cents.
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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26 | 283125 | 2.850 |
20 | 152575 | 2.840 |
24 | 511317 | 2.830 |
35 | 292714 | 2.820 |
13 | 172266 | 2.810 |
Price($) | Vol. | No. |
---|---|---|
2.860 | 200 | 1 |
2.870 | 50529 | 6 |
2.880 | 127700 | 14 |
2.890 | 441424 | 6 |
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