Hi Sameoldstory,
I do not understand your point of view regarding smashing Zoono out of existence. As either Peter Lynch or Buffett said (I cant remember which one), its fairly hard to go bankrupt if you have little to no debt and a company is cashflow positive.
If the point you are trying to make is that someone is trying to manipulate the share price in the short term some of your comments may have validity.
Whilst there is likely shorters that have contributed to the share price decline, and with end of tax year fast approaching there can be some thought there will be further sell pressure, the only thing that matters long term is the company can bring in positive cash flows. If positive and increasing cashflows are to come in the future the share price has only one way to go.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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No. | Vol. | Price($) |
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1 | 59680 | 0.028 |
2 | 74118 | 0.027 |
1 | 17000 | 0.026 |
4 | 171000 | 0.025 |
5 | 259317 | 0.024 |
Price($) | Vol. | No. |
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0.030 | 211201 | 1 |
0.031 | 769968 | 3 |
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