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3.94%

$1.85 zip co limited..

Chart - Z1P, page-10545

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Chesterjamez

386 Posts.

104

09/06/21

15:30

Post #: 53745018
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Originally posted by Andredamus1: ↑

Isn't it the best result for the Note holders if the Zip SP goes up substantially? The Note holders have an option to convert the face value of their Notes into Zip shares at a conversion price of $12.39 per share. So if the Zip SP in 7 years is $25, can't they just exercise their conversion right and make a huge capital gain on the shares they receive? Or am I missing something?

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My thinking exactly.

Z1P Price at posting: $6.85 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last $1.85		Change 0.070(3.94%)		Mkt cap ! $2.373B

Open	High	Low	Value	Volume
$1.81	$1.91	$1.80	$45.22M	24.24M

Buyers (Bids)

No.	Vol.	Price($)
1	7500	$1.84

Sellers (Offers)

Price($)	Vol.	No.
$1.85	211147	7

View Market Depth

No.	Vol.	Price($)
2	14736	1.840
1	32784	1.835
3	62663	1.830
2	76958	1.825
19	404100	1.820

Price($)	Vol.	No.
1.845	257636	9
1.850	331793	10
1.855	139323	3
1.860	291913	5
1.865	143562	3

Last trade - 16.10pm 29/07/2024 (20 minute delay)

ZIP (ASX) Chart