ZNO 0.00% 2.7¢ zoono group limited

a new distrib agreement, dont see why the fuss. no firm...

  1. 184 Posts.
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    a new distrib agreement, dont see why the fuss. no firm contracts in place, probably a good logistic step but nothing earth shattering. penny stock to penny stock agreement and stuff like this was baked in the price. I will probably reduce positions to 1/4 waiting to see how a company that jumps from 2mm to 50-75mm executes growth - not seeing at the moment. CEO should be based overseas (EU) for the next few months striking retail chain agreements in EU, Russia (US probably a saturated market). Knock at the Carrefour's doors etc (btw have you see Carrefour mega stores in the UAE and the bulk buying mentality there?).
 
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