like an option contract, but different. they're giving z1p the option to exercise the shares at a set price ($4.70) as and when each tranche of shares vest. those shares are under a warrant contract meaning they can't be bought or sold as z1p have them reserved under said warranty contract. Hope this makes sense
Article: Amazon Is Behind Zip Co, Buy Zip Co. / StockMarketRevolution.com, page-50
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.29 |
Change
0.045(3.63%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.32 | $1.27 | $16.63M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30048 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 290528 | 11 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.29 |
Change
0.045 ( 3.89 %) |
||||
| Open | High | Low | Volume | ||
| $1.25 | $1.31 | $1.25 | 2717786 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ZIP (ASX) Chart |