News: ZIP Zip Co Says Completed Fully Underwritten Placement Raising Of A$217 Mln, page-4

  1. 2,293 Posts.
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    Free $8,400 - Just Pick it Up?

    Attention Long Holders and even @uranium69

    Well without scale back and based on ZIP staying above $2 here is the calculation

    https://hotcopper.com.au/data/attachments/6352/6352573-cf0d17bb8cc5e02cdca0b311b28eab57.jpg


    Whilst not financial advice (I am a moron), if you saw $100 notes blowing down the street with someone holding a sign say "free money, just pick it up". Pity it is a Non-Renounceable SPP so we cannot buy the rights, otherwise it would be the play of the decade..

    (Just to be super clear I am highlighting the possibility here, if you wouldn't buy more ZIP at $1.56 today then stay clear of the SPP, DYOR)


    Last edited by FreeFromStyle: 01/08/24
 
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