It has been more than 10 years since I studied Applied Finance and Investment but there are other methodologies better to be used to derive a value for ZNO.
I guess we get a clearer picture when we get the numbers for the rest of FY 2020.
As I pointed out previously I believe that ZNO is still far undervalued. To be confirmed when revenues are annunced for the last two months.
A bit more patience required.
K
ZNO Price at posting:
$3.10 Sentiment: Buy Disclosure: Held
