Ann: Appendix 4C - quarterly, page-116

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Tarvold

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16/07/20

13:20

Post #: 45909105
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Originally posted by Marek78: ↑

goes against your theory that ZNO releases good reports earlier in the month & poorer reports end of month.

I know that's been past protocol.
Never know what to expect in this game, fluid times.
AGH used to release monthly updates & didn't in recent times just as ZNO didn't & for exact same reason.....results weren't at record levels.
ceasing monthly updates was always for 1 reason & 1 reason only. lower / non material sales.
you can blame shorters for the price drop if you like, but I for one blame the lower revenue/sales from 4C why the SP is lower today.

Why some can't see that the report isn't to many expectations is beyond me, it's got nothing to with Paul or company as a whole being poor, very hard to have exponential growth every month. Paul & co doing very well.

Mr Market always knows the truth & much more than blue sky posters on HC.

some will see mid $2 range as good buying op.

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That depends on what you consider good news is.
Everyone is comparing the quarter based on1 month when usually you wouldn't even have this information.

Q3 $15.9m vs Q4 $20.9m +31%

Q3 included a single order of $4.7m for Al Rabban, remove that & you have
Q3 $11.2m vs Q4 $20.9m +87%

I'd say the 4c was 'good news', ZNO has always had lumpy revenue.
The plans/developments in the US, China & ME will drive significant growth.

If the short termers think it's bad news so be it.

ZNO Price at posting: $2.65 Sentiment: Hold Disclosure: Held
30 Upvote

7 Great analysis

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Ann: Appendix 4C - quarterly, page-116

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Ann: Appendix 4C - quarterly, page-116

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