12 months ago the stock was around 20c...its been quite a year.
All the catalyst of the pandemic was stacked on top of the AFS in most of the worlds pig population. This all laid out the biggest opportunity for ZNO that the company is likely to ever get.
Today the chart looks very bearish, indicators suggest "stay short"......buyers very thin on the ground and volumes are not convincing.
Seems someone has set their bots to drift the SP and thats about the market makers goal. Maybe theres a target for accumulate but really apart from the shenanigans of the usual suspects there has been no changes to the Top 20 of any strong handed investment funds/companies.
Bit like a plaything for the cartel as they swap in/out ...return the stock, pick up the borrow fee etc.
If the confirmation of the studies proving the product does go the distance and the massive market opportunities put forward in this presentation don't add some faith to the stock price theres not alot of cheer to welcome the festive season.
Guessing only new deals will be some mechanism to bring the market cap back up, or the games from he usual suspects cease as interest wanes.
Anyone know the outcome of the distribution legal cases?
We got a -6% fall just to ad to the pain.
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Last
2.8¢ |
Change
0.002(7.69%) |
Mkt cap ! $9.952M |
Open | High | Low | Value | Volume |
2.7¢ | 2.8¢ | 2.7¢ | $6.505K | 237.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 31330 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 297867 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 31330 | 0.027 |
2 | 251530 | 0.026 |
1 | 28409 | 0.025 |
1 | 10000 | 0.024 |
1 | 10000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 297867 | 1 |
0.029 | 252612 | 1 |
0.030 | 1056290 | 7 |
0.032 | 258906 | 2 |
0.033 | 200000 | 1 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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ZNO (ASX) Chart |