I told you good time to buy, page-3431

Yes... on 2 Feb, I wrote this:
-----
The 14.615m warrants were issued to Amazon Aust in Nov 2019.

The warrant had a strike price of $4.70 at the time;

25% of the warrants vested immediately (ie, Amazon Aust could exercise them by giving ZIP $4.70 per warrant and getting an ordinary ZIP share in return).

The rest of the warrants vested annually over the remaining life of the warrants, depending on performance criteria that i couldn't find.

According to the most recent annual report,

"Unvested Amazon Warrants are subject to early expiration in certain circumstances, including in the event that the applicable vesting milestones are not met by specified dates. Assessments will be made at each future reporting date and adjustments made to the amounts recognised in expenses based on this assessment. The transaction volumes processed through Amazon Australia have not met the requirement of the first performance milestone on the second anniversary date, being 7 November 2021, and as a result 1,826,875 Amazon Warrants, representing 12.5% of the total Amazon warrants, expired on this basis, and were cancelled on 9 August 2022."
-----
There's about 10.9m warrants remaining.