Ann: Resignation of Non-Executive Director, page-65

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Slarkuller

96 Posts.

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22/08/22

14:25

Post #: 63250018
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Originally posted by Tian8824: ↑

The share market is totally different to the casino in the sense you can diversify, you can research. The system is not rigged. The only constant is risk. What is not in your side is, most businesses fail. Just look at the small business register of Australia. Those small shops selling non essentials like fancy clothes without the bargaining, purchasing or brand power. Selling something that is subjective. Selling something that doesn’t require a license like alcohol. Anybody can open shop and sell abit of fabric

ZMM products has function. It reduces energy costs. Increases safety. It has demand. As I have said before, just because you have money, doesn’t mean you can buy the politicians. Just look at China. The fact that ZMM have good relationships with it’s manufacturers in China, with government and fellow tech giants and domestic business partners in Australia. It’s no easy feat. A few million dollars can’t buy you much. For ZMM at least you get Gerard, an expanding product range and supply channels established and at work. There are other asx companies with 5m market cap that are bleeding money and not doing much at all. Some I struggle to call them a business at all…

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Demand for the product? The lack of any sales announcements since November last year would lead me to believe the distributor's stock is not exactly flying off the shelf.

ZMM Price at posting: 6.5¢ Sentiment: Sell Disclosure: Not Held
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