Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-14

First 14 Last

Share
Profile

Follow
elzephyrus

5,522 Posts.

330

30/07/22

14:20

Post #: 62829160
Share

Originally posted by Oatmilk1: ↑

I doubt it. I have become extremely cynical to the point where I sold off everything after these results.

If you want an exercise of pain, go through the last 2 yrs of announced deals, including the answers in the Q&As and youll realise how little have come to fruition. Now its unreasonable to think all will go smoothly, but at some point its not bad luck that all the announcements prove to be worthless, and the market takes zero notice off the announced new deals. You can put lipstick on a pig, but its still a pig.

Its been an interesting painful ride with lots of learnings for me. I kept having faith over the last couple of years because at cashflow neutral I thought it gave the animal health and other more bespoke technologies a chance to mature and bring a new wave of success, but without a major overhaul in strategy (I only banged on about having a person on the board for the last yr that has experience in commercialising technology), and reducing expenditure my opinion is its doomed as an equity holder. A big decision needs to be made, do they consolidate or keep doubling down on this flogging off glorified sanitiser game and hope all these 'stockpiled' Zoono users are going to miraculously come calling for orders for the rest of 2022 to pay for the umpteen sales reps far and wide. If not, what's the plan? Capital raising will be super painful for any existing holder as new capital will cause a bucketload of dilution, assuming they can find someone thats happy to write a cheque. And, if the Zoono tech is a super power as portrayed, which IMO that likelihood is diminishing by the day, surely a chemical company would come and buy the joint out or atleast be actively looking whilst the share price is sunk.

Good luck to all holders. I wish you luck and hope the animal health segment comes good, as it would be great for the world. However, Im happy to waltz into the sunset and pursue other less stressful rides.

Expand

I posted a long time back that zoono products are no different to some cheap Walmart items. All they did basically was slap some lipstick on and try to use the NZ green image. Glad I sold out at 90c (for a loss on repurchased shares).

ZNO Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
3 Upvote

1 Great analysis

Reply

Top Stories

FCG

Freedom Care Group reveals NDIS wants to ban it providing program services

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

BNZ

BENZ Mining jumps +17% as it snatches up WA gold projects from Spartan Res

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 21 more messages in this thread...

First 14 Last

Add ZNO (ASX) to my watchlist

(20min delay)
Last 2.5¢		Change 0.000(0.00%)		Mkt cap ! $8.885M

Open	High	Low	Value	Volume
2.5¢	2.5¢	2.5¢	$973	38.92K

Buyers (Bids)

No.	Vol.	Price($)
2	172025	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	10000	1

View Market Depth

No.	Vol.	Price($)
2	172025	0.025
6	651826	0.024
3	238322	0.022
4	670030	0.021
2	450000	0.020

Price($)	Vol.	No.
0.026	10000	1
0.027	34477	2
0.028	297867	1
0.029	252612	1
0.030	1023040	6

Last trade - 10.09am 06/11/2024 (20 minute delay)

ZNO (ASX) Chart

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-14

Freedom Care Group reveals NDIS wants to ban it providing program services

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

BENZ Mining jumps +17% as it snatches up WA gold projects from Spartan Res

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-14

Top Stories

Freedom Care Group reveals NDIS wants to ban it providing program services

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

BENZ Mining jumps +17% as it snatches up WA gold projects from Spartan Res

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News