@Alpha
I wasn't trying to put forward a bullish thesis. Just stated that the merger makes sense. At current prices they are paying just over $200M for SZL and based on EBTDA benefits they put in the announcement the investment will pay itself off within 5 years (if not sooner).
So as per my comments above, there won't be a shareholder revolt from ZIP to the deal and neither from SZL. So what merger agreeement condition is there that justifies such a discount? That's the question. Happy to hear you answer it but please try and stick to the point. If I'm interested in just negative zip opinions then I can click on any other zip thread. Let's try and keep this one somewhat relevant and helpful.
@AlphaI wasn't trying to put forward a bullish thesis. Just...
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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 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |