Ann: Appendix 4C - quarterly, page-127

>>I wonder given your predictions for ZNO why you would bother to hold any - on your estimate it is going lower and lower so preserve capital

I "bother" to hold some so I can sell back at ~2.9 - perhaps tomorrow... not that it is your business (again, personal attacks if you are not a ZNO Dear Leader).

My estimate is NOT that ZNO is going lower and lower (where did you get this inference from my email????), I think it will creep up to 3 eventually but meantime, investors are free to decide where and how they invest.

Can you show me/us why this can/should go up substantially with figures and facts? And why a P/E over 30 is warranted (which may yield a SP around $3, contingent on EPS result of course.).

ZNO was very lucrative for me with ins and outs over the past year or so but at the moment I want to see the 2021 outlook before topping up in a more substantive manner / or exiting fully. I also want to see new blood in the leadership team, ppl who executed significant growth in the past.

No ZNO Dear Leader here.