Better to have cash up your hand.... why they did raise like 7mil, they did have close to 2.7mil of prepayments on book.. so they are obviously going to need to fulfill those orders without getting paid... take into account listing fees and a few quarters of operating cash flow negative while ramping up, I reckon they are in a great position. Who knows... maybe a dividend next year?
ZNO Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held
