Obviously UNL like ZIP are not without risks, that's why I termed it a Casino play, however your post is a little disingenious!
$16m of that loss was a non-cash write off of goodwill. For the final Q of last FY they were cash flow positive.
Anyway, we'll know a little more after the release their quarterly.
"ZIP will go nuts if they put any sort of deal into it" That could be the most insane investment thesis I've ever heard.
Hopefully ZIP also provide some update in their quarterly. I'll be interested to see if AussieSIM are still contributing revenue. It looks like their website is now down. They could have flicked that business off to FRX for maybe $10k, but it looks dead now.
ZIPOB, page-13
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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 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |
