Shareholders will vote for the merger. That is extremely low risk unless some extenuating circumstances come up.
Sezzle merger makes sense. Better economies of scale. They raised 150 million from institutional investors to support it but I suppose they are all dumbasses.
No strong explanation justifying why such a large discount is offered. I was wondering if one of the conditions was more than administrative. I notice zip is to do an adr listing in the US and that's one condition. Unsure if that is just a formality.
The gap will close as the months go by leading up to the merger in September or thereabouts.
Shareholders will vote for the merger. That is extremely low...
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$1.36 |
Change
-0.020(1.45%) |
Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.34 | $24.60M | 18.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45993 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 386131 | 13 |
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| ZIP (ASX) Chart |