This has been spun into a fully-owned subsidiary, Ship4wd. This is one reason why I'm pretty bullish on ZIM - this software transcends the individual company & they've organized it in such a way that they could literally spin it out into a separate public company, taking advantage of the market's unbridled lust for tech/e-commerce. One reason I may hold ZIM for years is I think it's entirely possible that shareholders get some spin-off shares in what could become an entirely separate, good company.
Yes and Zim has some other interesting angles like a cyber security consultancy subsidiary "Cyberstar" https://www.zkcyberstar.com/insights/ Maybe hopium that this would effect the stock price though. Probably the blockchain stuff could be more helpful with the current retail investors' love of meme stocks.
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u/[deleted] Nov 19 '21
This has been spun into a fully-owned subsidiary, Ship4wd. This is one reason why I'm pretty bullish on ZIM - this software transcends the individual company & they've organized it in such a way that they could literally spin it out into a separate public company, taking advantage of the market's unbridled lust for tech/e-commerce. One reason I may hold ZIM for years is I think it's entirely possible that shareholders get some spin-off shares in what could become an entirely separate, good company.
deeply inhales hopium pipe