I reckon there is a cyclone of headwinds on the way, but ZIP will keep its cashflow in order to keep on rolling. It is going to need to fix up its Balance Sheet very soon and very quickly. It is refinancing its facilities temporarily until March and then needs a permanent solution - coupled with the printer still running at full speed and having to pay down debt, it needs to avoid any more erosion in its Balance Sheet, which is on tenterhools with all the accumulated losses. It can't afford another loss this year without getting some more equity or assets, and reducing liabilities to change the equations.
The Bear Room, page-16
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Last
$1.30 |
Change
0.035(2.78%) |
Mkt cap ! $1.459B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.31 | $1.24 | $10.50M | 8.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18782 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 63456 | 4 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.29 |
Change
0.035 ( 2.07 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.31 | $1.24 | 3209430 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| ZIP (ASX) Chart |