Hmmm.....I think they need to either borrow more money, knock off more of the debt that is breathing down on them and rapidly shrink to try to survive. Those are their options IMO, but I don't think they can keep rolling - there will be a point when somebody will have to face reality and pull the pin and I think it will be before their next EOFY.
Having said that, Larry is a sales guy and a pretty astute financial engineer, so see what he can do to keep the doors open into next year lol
News: ZIP Zip Posts FY Revenue From Ordinary Activities From Cont Ops A$693.2 Million, page-20
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Last
$2.28 |
Change
-0.100(4.20%) |
Mkt cap ! $2.959B | |||
| Open | High | Low | Value | Volume |
| $2.34 | $2.49 | $2.27 | $58.79M | 24.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 127436 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 42424 | 3 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |