ZNO
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3.70% 2.8¢ zoono group limited

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  1. zhanginu
    1,787 Posts.
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    22/12/20
    23:00
    Post #: 49767221
    @Dui
    Phil King isn't stupid.

    He's making 3% on every share he lends out. Shorts don't hold their positions open for long, so he probably will lend out multiple times each year.

    Then one day, eventually the share price will rise to match fundamentals, the shorts will need to cover and Phil gets rewarded again when the share price re-rates.

    Heck, if anyone wants to borrow my shares, I'd lend it out for 2% - let me know if anyone is interested.
    Last edited by zhanginu: 22/12/20
    ZNO Price at posting: $1.29 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
2.8¢ 		Change
0.001(3.70%) 		Mkt cap ! $9.889M
Open High Low Value Volume
2.7¢ 2.8¢ 2.7¢ $12.79K 461K

Buyers (Bids)

No. Vol. Price($)
2 179761 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 337693 1
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Last trade - 15.50pm 15/08/2024 (20 minute delay) ?
ZNO (ASX) Chart
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