My guess is that the announcement will be extremely positive for ZML, with a funding package being announced with one of the Big 4 banks.
This should significantly reduce its interest costs overnight, thus providing it with a great opportunity to move towards profitability IMO in the not too distant future.
A reasonable effort for a company that listed in September, 2015.
Very low bad debt provision of 1.2% means the company owned search engines are performing very well.
Really love the way this company is being managed.
Yarra
ZML Price at posting:
73.5¢ Sentiment: Buy Disclosure: Held