ZIP 6.25% $2.89 zip co limited..

Z1P is holding back something.., page-62

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    Read about on boarding big bank in the report of Shaw n Partners. Westpac may have to chill out huge penalty due to AUSTRAC violations and that would entail huge capital requirement. If a bank sells investments at a profit it is double gain, it reduces risk assets and the profit improves capital....I was thinking something is wrong when they did not participate in the SPP at $3.70...but the report of Shaw n Partners with a small qualification has made me ponder!!!! DYOR
 
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