ZNO 0.00% 2.7¢ zoono group limited

Mate, through the ups and downs of the market in the last 6...

  1. 6,538 Posts.
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    Mate, through the ups and downs of the market in the last 6 months ZNO has been lone green stock for me. Further there were times when it went from about 5% of my portfolio by cost to 50% by value which always posed the question whether to sell and reduce exposure. I sold some when it hit $2.25 couple of months ago. Then again bought in 1.3 to 1.7 range.

    I have injected more cash into my portfolio and have always held other stocks in the portfolio. The question always is, if I believe it can go 10X from here, why not buy more?

    Diversification for its own sake is not one of objectives. I simply hold others with similar but speculative potential. If they are speculative (revenue is pittance) but ZNO is nearly guaranteed to have $100Mn sales with large margins should I buy more? These are questions I am grappling with.

    If the stock falls below $2 it becomes a no brainer. If APT falls below $10 would you buy APT (given the 6X rebound since March) or ZNO?
 
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Last
2.7¢
Change
0.000(0.00%)
Mkt cap ! $9.537M
Open High Low Value Volume
2.7¢ 2.7¢ 2.6¢ $25.19K 935.5K

Buyers (Bids)

No. Vol. Price($)
2 314753 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 285272 1
View Market Depth
Last trade - 16.10pm 10/06/2024 (20 minute delay) ?
Last
2.7¢
  Change
0.000 ( 3.85 %)
Open High Low Volume
2.7¢ 2.7¢ 2.6¢ 95959
Last updated 15.44pm 10/06/2024 ?
ZNO (ASX) Chart
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