ZIP 2.33% $1.76 zip co limited..

No wrong on many fronts. For starters.its not 800mil. That's...

  1. 7,522 Posts.
    lightbulb Created with Sketch. 2277
    No wrong on many fronts. For starters.

    its not 800mil. That's 200%

    They don't make money if the sp is below the strike price in 2028, not unless they short and the short is in the money. 2.25% over 8 years is a very low rate of return if the sp doesn't move higher.

    Singapore is the only liquid exchange for these notes, same as apt and xro.

 
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