ZIP 5.04% $1.70 zip co limited..

Daily Price Movement / General Discussion, page-45995

  1. 1,697 Posts.
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    Nothing yet as the deal hasn't happened.

    Supposing it does close successfully, SZL holders will be issued a whole bunch of Z1P shares (0.98 for each SZL). Those shares _not_ held by Charlie will be included as investible by the index providers. At the moment, Z1P's Investible Weight Factor (IWF) is 0.9, reflecting the holdings of the founders being unavailable. Since Charlie holds more SZL than just 10%, the Z1P IWF will fall, but its Index Share count will still increase, hence its weight will go up on or around the deal implementation date.

    If it doesn't close successfully, nothing will happen to the share count.

 
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$1.70
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$1.74 $1.78 $1.69 $129.7M 75.80M

Buyers (Bids)

No. Vol. Price($)
4 93847 $1.69
 

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Price($) Vol. No.
$1.70 556968 2
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