ZIP 6.03% $1.50 zip co limited..

I am holding for now. but do not have any confidence in the LD...

  1. 1,150 Posts.
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    I am holding for now. but do not have any confidence in the LD and the directors, look at the today`s announcement, no change in there holding but a ANN was published.

    Before sizzle was bought at an 17% above the market cap and raised capital raising at 1.90. That was utter stupidity, now we are at 1.43 , before the stupid decision the SP was at 2.2. It is not how much customers can aquire, but to reduce the capital loss.

    Coming to cash positive at 2024 is utter stupidity , because there is no capital after buying the sizzle and we will have to raise capital.

    Now the best thing is to find a buyer for ZIP at fire sale price. Best we can hope, we can find some other company who has a dumb board of directors who will by it at 17% to the current CAP
 
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Last
$1.50
Change
0.085(6.03%)
Mkt cap ! $1.684B
Open High Low Value Volume
$1.41 $1.50 $1.40 $22.39M 15.38M

Buyers (Bids)

No. Vol. Price($)
3 16337 $1.49
 

Sellers (Offers)

Price($) Vol. No.
$1.50 255886 9
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Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
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