ZGL zicom group limited
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Ann: Appendix 4E and Preliminary Final Report 2023, page-5

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    7,734 Posts.
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    01/09/23
    11:34
    Post #: 69685151
    Well risk,
    Zicom could well be at the bottom of the cycle.
    One of the most striking development is that its NCA or Working Capital has nearly halved from $19.7m to $10.5m.
    This could be the death knell to a capital intensive business or it could signal that ZGL is becoming a much more efficient organization.
    The market is reacting favourably & I hope it is the latter.
    ZGL Price at posting: 6.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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