Ann: Zoono Signs Deal with Chinese Group, page-229

Zno is still a strong buy for me. Assuming the distributors meet their minimum agreed volumes, which they will easily, it is already valued at $170m with a conservative share price of $1.06 (using DDM). Further contracts will eventuate in the near future, which will see the price rise further. Paul Hyslop has done very well for us, Zno has a great range of products, very clear and large market, strong sales capability and a very effective R&D division, so long term profits look very likely. I only wish I had discovered Zno sooner.