ZIP 5.26% $2.40 zip co limited..

The Australian - Multiple suitors circling Z1P - DataRoom 7.40PM, page-118

  1. AJ7
    15,890 Posts.
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    BOA has been a substantial holder since CN annoucement when the ref price was $9.18...Merrill lynch hedged at reference price referring to zip announcement..”borrowed shares” means nothing else but short e.g I borrowed shares from you at $9 so it suits me that SP is lowers than $9 when I return them back to you otherwise higher price is my loss so fundamentally I will be using them for short but nothing else!
 
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$2.40
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