ZNO 0.00% 2.6¢ zoono group limited

Ann: Notice of FY20 Full Year Results and Key Dates, page-37

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  1. 445 Posts.
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    PMT released the 4c month ago. They are not required to report to you every month to make you feel good about the share price, pushing it up or down. If you worried about the price and need your weekly / monthly fix, go buy and managed fund who meets your reporting standards or go get a job at Zoono so you feel comfortable about where it is going. The news release that COMPANY may pay a dividend should give you reassurance the COMPANY is doing well. Share prices will fluctuate in the short term and over the long term follow the value of the business.

    Secondly I would prefer that Zoono doesn't pay dividends and keeps the money, spends it growing the business, we SH's will just pay additional tax which wipes out value. Zoono can grow that dividend money quicker than we can, so if we are looking to increase Zoono's market cap / share they shouldn't pay out a cent. Furthermore what sort of dividend are they going to pay 2 cents ? ? ?, would it not be better for the share price to fly past $3 because they are investing in the company and growing revenue at a much quicker rate, expanding product lines, operating locations etc etc.

    Remember A2M only started paying dividends after it hit EPS of 60+ cents.
 
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No. Vol. Price($)
5 374184 2.5¢
 

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Price($) Vol. No.
2.6¢ 42000 2
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