But to me it's quite possible ZNO will get measured on more then current financials and projections. Right place right time with the right
product and not a competitor in sight. The market loves a unique product, it's one of Buffets creeds, to invest in unique products. Companies can
easily end up with a pe of two or three hundred if the market thinks that in effect they are 'taking over' an industry.
PNV for instance have a MC of 1.15 Billion on revenue of prob 15 million because their product is so superior the market
is prepared to pay up for future profits. It regards it as a safe bet. At one point their MC was 1.7 billion. Also there's a very good chance we'll see more meaty contracts in the not to distant future is my guess. Meanwhile I'm guessing the market thinks the Chinese contract is a lock given
the problems they are facing. Zoono products can provide an answer to massive problems it seems. The market will dream a bit IMO.
But to me it's quite possible ZNO will get measured on more then...
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Last
3.0¢ |
Change
0.003(11.1%) |
Mkt cap ! $6.412M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.0¢ | 2.9¢ | $760 | 25.37K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36874 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 20166 | 1 |
View Market Depth
| Last trade - 13.38pm 07/05/2024 (20 minute delay) ? |
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Last
3.0¢ |
Change
0.003 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| 2.7¢ | 3.0¢ | 2.7¢ | 41786 | ||
| Last updated 12.32pm 07/05/2024 ? | |||||
| ZNO (ASX) Chart |