Zip may raise capital either through IPO Nasdaq or CN soon:
Zip did not mention about cash available in the qly
Last time they mentioned $350 mill available
India they paid $50 million with further right due to cash limitation
Rebranding and promotion $50 mill
Spotii will need $50 mio at least as tabby has already injected $130 million
Twisto may need $100 million as they mentioned three more countries next year
Mexico and Canada $50 million
SEA three countries launch next year $100 m
South Africa expansion $50 mill
UK growth picking up $100 million
Cash positive Australia $50 million by the end of the year and US moving towards cash positive.
I don’t think the cap raise will go beyond the end of the year
Zip may raise capital either through IPO Nasdaq or CN soon:Zip...
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Last
$1.36 |
Change
-0.020(1.45%) |
Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.34 | $24.60M | 18.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45993 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 386131 | 13 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |