So easy to isolate a single stock on HC (that’s how it works), but every single stock in my portfolio is down today, with the average down around 7%…actually on a daily decline ZEO was my 2nd best performer down only 5%, worst SPN down 13% and CXL down 9%, even MQG was down almost 3%, after a huge profit results (up 50%+) only a couple of days ago.
All the noise about how poorly ZEO was doing, made me have a look at a comparative 12-mth performance (factual evidence) – to see if its only ZEO dropping like a stone or have other similar tech / kaolin / materials companies, also been hammered over a defined period.
ZEO is no different to any other ASX listed companies (with little to no revenue) in a DOWN market – the way I see, it's actually done a little better than some of the others (above) not that its any comfort.
Realistically, some look for reasons to complain, whilst others might see it this as an opportunity – time will tell I suppose
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