Ann: Appendix 4C - quarterly, page-120

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buknoi

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16/07/20

13:31

Post #: 45909428
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Originally posted by dorios: ↑

to keep holding a long position one needs to believe in the company, ie at its core, to believe in the "leadership" and management . That approach should be backed up by strong fundamentals, not go alone.

Some of investors do believe in ZNO's leadership, others dont. Irrespective of that one can buy/hold/sell a position without having any feelings invested in a stock.

If one considers himself/herself a smart investor, what would be the point in holding a stock from June 16 to July 16 for 0% profit (ZNO as it is, or any other stock) when for the same period an investment in FPH gives you 28% profit?
Would you advise anyone to hold at 0% in the detriment of making 30% profit? ?

But deep down, true, each diligent investor has his/her opinion on leadership and management effectiveness. ie for instance, I can give a pass here and there to NVDA, FPH.AX, ANN.AX just because of its leadership.... But also strong fundamentals.

HC is an open forum, you cant expect that all contributors are "ZNO dear leader".

Hope this rant it helps younger investors. Dont be caught in the believers vs non-believers rubbish... remember why are you on the stock market in the first place.

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Second post on ZNO thread today and always making mention of other stocks. Disclosure is "SELL" but still hold? Sell it already

ZNO Price at posting: $2.64 Sentiment: Buy Disclosure: Held
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Last 2.8¢		Change 0.000(0.00%)		Mkt cap ! $9.889M

Open	High	Low	Value	Volume
2.8¢	2.8¢	2.8¢	$12	427

Buyers (Bids)

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1	31034	2.9¢

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Price($)	Vol.	No.
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2	299772	0.028
3	216110	0.027
1	17000	0.026
7	308920	0.025

Price($)	Vol.	No.
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0.031	69295	1
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Ann: Appendix 4C - quarterly, page-120

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Ann: Appendix 4C - quarterly, page-120

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