ZMM

11.1%

1.6¢ zimi limited

Ann: CEO Transition and Board Expansion, page-27

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micknleigh

1,214 Posts.

49

10/02/22

22:01

Post #: 59496692
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Originally posted by Tian8824: ↑

You have 2500 other stocks to pick on, and you choose this stock. And the best you can do is talk about the past AKA QFY

I’m not saying fundies always get it right. But 10m market cap with revenue coming in.

You can’t apply the same standards for a 10m market cap and many 4 Billion or 6 Billion no revenue stocks on the ASX and say “oh a lot more needs to be done to prove market penetration of product etc”

I know one thing, Perenniel Value is down at least 50% and they’ve pretty much bought the whole company out with the chairman. I don’t see them selling out and giving the opportunities to bargain hunting opportunists 6 months into operations.

Even if they did sell, there’s not much to sell. Only 10m market cap, not 10 Billion.

Its true people want to buy an established start up for 5m. It would be asking abit much given the liquidity available and the fact the company has hit all its targets and have achieved 2.7m sales in the first 6 months of operation.

If you think Gerard is cheating. You try and do the same thing yourself. It’s called 3 generations of expertise, networking, experience, and hard work.

Expand

Simon own 60% of the company.He can do whatever he likes and noone can change that
Question is why would he want such a controlling position?
Zimi is a small part of the bigger picture.
Once Trader has a large hold of the market, this will be taken over, then we will see growth

ZMM Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
2 Upvote

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(20min delay)
Last 1.6¢		Change -0.002(11.1%)		Mkt cap ! $6.019M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.6¢	$500	31.25K

Buyers (Bids)

No.	Vol.	Price($)
1	66666	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	443172	2

View Market Depth

No.	Vol.	Price($)
1	66666	0.015
1	300000	0.014
1	100000	0.013
7	811965	0.010
1	39333	0.009

Price($)	Vol.	No.
0.018	443172	2
0.019	167000	1
0.020	238358	3
0.030	157894	1
0.035	43457	1

Last trade - 16.10pm 15/11/2024 (20 minute delay)

ZMM (ASX) Chart

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