I personally think offering a dividend at such and early stage of their growth lacks imagination. Sure they are making a profit, but why not use that to increase awareness, put it into marketing and brand recognition or increase distribution or production. Why pay it back to shareholders?? It indicates the board doesn't know how to make the company bigger than it already is.
I'm out of this one for now. This gradual slide back from $3.20 and now sub $2 is not a good sign of continued upward movement.
ZOONO $4 Party, page-3
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.536M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12549 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 169769 | 4 |
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| Last trade - 10.08am 05/07/2024 (20 minute delay) ? |
| ZNO (ASX) Chart |
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