Particularly if the market decides to classify ZNO as a nanotechnology company (which it is), then you get a P/E re-rate on top of the growing earnings. In the near term, it may be effectively viewed as a discretionary consumer goods company or worse, a coronavirus fad that's going to go away (sells hand sanitiser).
You will see the market assign a higher PE for the likes of ANO, NAN etc. In my mind these are the type of companies in Zoono's peer group to benchmark against.
ZNO Price at posting:
$1.59 Sentiment: Hold Disclosure: Held
