Thanks for adding value to the thread Tutor. You can see by the content others provide as well as the useless posts which get 'upvoted' that zip's hotcopper is full off s.hitheads only hear to give s.hit. Appreciate you not being one of them.
I expect the sole purpose of the clause is so that Sezzle can't issue cheap equity which then gets converted into Zip equity resulting in the dilution of ZIP sharedholers. This is why there is a minimum price that Zip is prepared to allow which would be anchored to the prices that existed as at time of the deal. I suspect it is a standard clause for certain contracts but I'm a complete layperson too in this regard.
I expect any other type of capital raising wouldn't cause this issue so I don't think that would be a problem at all.
I'm definitely not suggesting there aren't risks here just that if you are going to buy ZIP anyway, then I would consider buying Sezzle instead given the discount offered vs risk of deal not going through.
- Forums
- ASX - By Stock
- Why would you buy ZIP when you can buy SZL at 30% discount?
Thanks for adding value to the thread Tutor. You can see by the...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.41 |
Change
0.000(0.00%) |
Mkt cap ! $1.588B |
Open | High | Low | Value | Volume |
$1.40 | $1.41 | $1.36 | $9.712M | 7.004M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 56972 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.41 | 138239 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 56972 | 1.395 |
3 | 151129 | 1.390 |
3 | 60366 | 1.385 |
3 | 84329 | 1.380 |
5 | 176620 | 1.375 |
Price($) | Vol. | No. |
---|---|---|
1.410 | 137739 | 10 |
1.415 | 183225 | 7 |
1.420 | 61338 | 8 |
1.425 | 108574 | 4 |
1.430 | 154683 | 11 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |