ZMM 0.00% 1.4¢ zimi limited

Ann: CEO Transition and Board Expansion, page-32

  1. 1,983 Posts.
    lightbulb Created with Sketch. 118
    Just a comparison between 2 companies. YPB. Which incidentally is worth 20% more than ZMM

    12.6m YPB market cap vs 10.6m ZMM market cap.

    1: Has no cash left
    2. Has 700k yearly revenue
    3. Is run by 1 bloke who is doing personal deals with another bloke. The deals are small and exceptionally conditional. And saying a 5000 dollar trial contract is “price sensitive”
    4. Has been cap raising and ripping shareholders for years
    5. There is and has never been any fundie interest. Though it has being pumped and dumped a few times.
    6. Just have a look at the product they are trying to spruik. You can sell sand to the arabs. Any useless product can have demand. But it is DEFINITELY not generating anywhere near enough sales to cover their costs.

    Even the “delisting” company Zebit is almost worth as much as ZMM. A delisting company. That’s worse than voluntary administration…

    The kindergarten that is the ASX…
    Last edited by Tian8824: 13/02/22
 
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