It is possible, but only the market can say. There will be downward pressure from people selling out then resuming holdings at the new price without brokerage etc, also the broader pressures from the current troubles, particularly when the Middle East blows up, but IMO ZIP has made sure of the best advantage by putting it out of the way before the FY24 results are published
btw: the placement price can go below $1.56 - it is based on the VWAP
#BnplGoingToZero, page-888
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 (20min delay)
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Last
$2.87 |
Change
-0.050(1.71%) |
Mkt cap ! $3.747B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.02 | $2.82 | $37.30M | 12.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4400 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 56094 | 6 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |