The arbitrage play is if you already own zip, you could trade it in for SZL. Doesn't matter what the zip price does in this scenario. All that matters is whether the sale goes through.
It's not an arbitrage play if you are buying SZL and then having to wait until your ZIP shares come through. Although, if you are buying zip anyway, then in that case, why not buy SZL? Again, it doesn't matter what the zip price does as you already would have owned it. You just have the lower purchase price but for that you have the risk of the sale not going through.
There is definitely a play here if you are own zip shares or want to buy them.
If you don't like zip at all then doesn't change a thing.
The arbitrage play is if you already own zip, you could trade it...
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Last
$1.69 |
Change
0.165(10.8%) |
Mkt cap ! $1.904B | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.69 | $1.54 | $34.28M | 20.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 107872 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 87594 | 9 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |