I doubt that it will run much higher until it announces that it has turned cashflow positive, which should be February according to recent announcements.
As I have written before, this is a company that was a dog for many years. Characterised by worthless promises. Repeated issues of new shares to raise working capital. The only value in those new shares was that they entitled you to pour yet more money into a hole in the ground.
Little better than owning Zimbabwe dollars.
It's different now. But ZYL has to live with its old baggage for a while. Going cashflow positive will be the catalyst for a major increase in the share price, IMO.
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1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.05M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.7¢ | $50.70K | 2.888M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 5104216 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 2301451 | 8 |
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No. | Vol. | Price($) |
---|---|---|
14 | 5104216 | 0.017 |
29 | 11549861 | 0.016 |
43 | 11272732 | 0.015 |
57 | 17229626 | 0.014 |
17 | 4556915 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 1576451 | 6 |
0.019 | 3916784 | 15 |
0.020 | 7443489 | 19 |
0.021 | 593836 | 4 |
0.022 | 1698939 | 10 |
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