The SPP is already underwater. I think this means unlikely it will be filled by retailers who are already been slaughtered by this dog stock. Why would anyone subscribe now? Even with the 2% discount to the 5 day vwap, the closing price on Friday 1st April will likely be lower than the vwap range also. How long does zip survive without the $50million from the spp?
The SPP is already underwater. I think this means unlikely it...
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Last
$1.70 |
Change
-0.025(1.45%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5300 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 86880 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |