SKN 0.00% 0.4¢ skin elements limited

Comparing SKN to ZNO, page-94

  1. 1,586 Posts.
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    Like I said before, SKN actually ticks a lot of boxes.
    1) management has skin in the game and are senior corporate executives
    2) have existing sales channel and not just a few retail shops - 10,000 shops
    3) have a product that is good as is but now also kills covid-19 (a very high chance results are positive)
    4) A very low base to start with, meaning plenty of upside for shareholders. If this has got positive test results and sales etc already then what is there left for SP acceleration?
    5) Funding secured. Not sure why people keep fussing that it is debt.... sure, why do we all just stop using credit cards and get mortgages then? It’s a growth business and the lenders see enough future and credibility to give it not 1m but 10m yes.. a 8 figure loan for a microcap that has no sales - go figure.

    The risk and reward here is so attractive
 
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