ZNO 7.41% 2.9¢ zoono group limited

Ann: Zoono Group Company Update, page-117

  1. 807 Posts.
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    @Dui I just think it's risky at this stage. There are no new numbers and communication although improved still has way to go. Also at 93c market cap is already $150m, and $3 would imply $500m.

    There will also be hoards of people lining up to sell to break even, those who bought in the past 6-8 months starting at the top of 3.20.

    And further pressure from those who have been holding since below 50c but missed an opportunity to sell during last year's euphoria.

    @alex666 I am just not being overly optimistic, as we know where a similar announcement got us last April May I love to ride those euphoric waves where people take it to extreme, but it's hard not to get caught up in euphoria yourself.
 
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