I agree that it was a weak result and will result in a few investors off loading. I have reduced my holding too as I expected a higher NPAT.
cost momentum has continued even with lack of sales.
COVID impact would have been felt in early Dec already so surprised there was no mention of it in the release less than a month go. Cashflow positive and there seems to be sufficient orders to use up the stock levels..
I have gone against my investment grain here but I have looked over the result twice and reread a number of the recent announcements and there is something not sitting well with me, may be a stirring of a memory of a failed investment I previously made. I will dial into the 1pm and decide then if I sell the rest of my holding.
I agree that it was a weak result and will result in a few...
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Last
3.3¢ |
Change
0.003(10.0%) |
Mkt cap ! $7.053M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.3¢ | 3.0¢ | $23.10K | 752.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 90849 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 211110 | 2 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
3.2¢ |
Change
0.003 ( 14.3 %) |
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| Open | High | Low | Volume | ||
| 3.2¢ | 3.2¢ | 3.2¢ | 15625 | ||
| Last updated 13.27pm 08/05/2024 ? | |||||
| ZNO (ASX) Chart |