ZNO
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3.57% 2.7¢ zoono group limited

Ann: Zoono Group Company Update, page-53

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  1. gc27
    19 Posts.
    lightbulb Created with Sketch. 4
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    16/12/20
    15:24
    Post #: 49624992
    Great Announcement Today by Management.
    We added $10m in EBIT to the business results going forward, so as shareholders in this business, we should be very pleased.
    Given the SP action today, this is a wonderful example how the market acts a voting machine in the short term. In the long run the market will come around, as the profit numbers will speak for themselves.
    If we value the $10m on a low 10x EBIT mulitple then we added 60c to the current share price.
    When it shows up is anyone's guess.

    ZNO Price at posting: $1.32 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 16  Upvote
    lightbulb Created with Sketch.  Great analysis
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