probably the best punt on ZIP at the moment is to buy zip convertible bonds..Insolvency risk asides but by 2025 zip needs to repay 400 million plus interest & pretty sure zip CB are trading at half price by now...It’s a three years commitment but there is definite solid 100% gain there with 16% interest. Underlying share is struggling however risk/reward on bond is much higher than buying underlying share and hoping for a bounce which may or may not happen in bear market.
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probably the best punt on ZIP at the moment is to buy zip...
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