ZIP 1.50% $2.62 zip co limited..

I think Skychief is saying that UBS has spent the resources to...

  1. 10,273 Posts.
    lightbulb Created with Sketch. 1244
    I think Skychief is saying that UBS has spent the resources to achieve an almost 8% stake so that they will force the SP to stratospheric heights, sell the whole lot, causing another notice of change of substantial holding, then begin borrowing shares to short them. Cannot see UBS bothering with a seriously risky punt for minimal gain personally, but if they did, they would benefit holders all the way up, as well as anybody who wanted to short it on the way down.
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$2.62
Change
-0.040(1.50%)
Mkt cap ! $3.420B
Open High Low Value Volume
$2.68 $2.68 $2.53 $33.12M 12.77M

Buyers (Bids)

No. Vol. Price($)
3 68790 $2.62
 

Sellers (Offers)

Price($) Vol. No.
$2.63 264643 10
View Market Depth
Last trade - 16.10pm 03/10/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.