True 4 c q1 is cash receipts was made up of cash sales and prior months receivable payments. So as net receivables is $1.9m positive for the quarter actual overall sales for the quarter should exceed the $15m cash. Do you think the big customers are paying cash up front ? As Zoono is now involved in USA and other areas directly selling, the receivables are on the company balance sheet not with distributors. Cashflow after div and tax payment and increasing stock levels above 6/20 year end was still positive $2.8m indicating a very strong profit result Too many comments are confusing positive cashflow with profit. I don't understand the non holders forever providing negative views or supposedly holders recommending sell. Most are I believe looking to push the sp down and are buyers. That's my view . I believe the company has a good future and will in half year results this will be demonstrated. DYOR
ZNO Price at posting:
$1.60 Sentiment: Buy Disclosure: Held
