Indeed. As I mentioned, ZIP is capital-intensive, and this SPP is going to generate zero-interest 'free operational capital.' Given that ZIP relies on the marginal cost of funding, I’m betting ZIP is going to be extra special greedy and ignore the dilution impact and take way more, which could affect its ability to remain above $2 in the next few months. However, DYOR but for me a no brainer risk reward $30k play per holding entity. Obviously riskier that lets say $30k in AAA, but less risk than those long holders who purchased ZIP above $1.56
@uranium69, here is your chance to reenter given you sold at $1.64. Are you going to pick it up? (Not advise, just a question)
News: ZIP Zip Co Says Completed Fully Underwritten Placement Raising Of A$217 Mln, page-12
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.01 |
Change
0.100(5.24%) |
Mkt cap ! $2.544B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $2.05 | $1.94 | $38.11M | 19.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 31620 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 23041 | 3 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |