Very little discussion on the elephant in the room. It has been mentioned that Z1P has been on a roadshow in the US.
Roadshows are not to pump share prices but to satisfy current shareholders, but to attract new investors (usually by the way of a capital raising)
As institutional investors look for discounted prices, any thoughts on what the capital raising price would be especially in this tough environment?
I’m thinking a 25% discount to recent VWAP so around $6.50.
Capital Raising. The elephant in the room.
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Last
$1.78 |
Change
-0.045(2.47%) |
Mkt cap ! $2.186B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.80 | $1.72 | $22.68M | 12.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 63411 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 43531 | 25 |
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| Last trade - 13.26pm 25/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |