ZIP 1.51% $3.36 zip co limited..

Even if the royalties never arrive, there's value in the...

  1. 79 Posts.
    lightbulb Created with Sketch. 4
    Even if the royalties never arrive, there's value in the structure with an EV of $1m and cash of $2m. That gives the company a world of options in acquiring a new business or project and moving in a new direction. ZIP still own the previous IP, they've licenced it out and if they receive royalties great, if not who cares, it was a zero downside deal and they're still free to do whatever they want with it.
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
(20min delay)
Last
$3.36
Change
0.050(1.51%)
Mkt cap ! $3.394B
Open High Low Value Volume
$3.31 $3.40 $3.26 $37.72M 11.25M

Buyers (Bids)

No. Vol. Price($)
2 60746 $3.35
 

Sellers (Offers)

Price($) Vol. No.
$3.36 426165 4
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ZIP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.