ZNO 12.9% 2.7¢ zoono group limited

Broker report - revised to $4 from $3.63 (Synopsis and report), page-72

  1. 13,667 Posts.
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    there will be some sizeable positions still open. Short positions peaked in early May with just over 3% short sold which was close to 5 million shares. Share price at this time was $1.70-$1.80. Considerable covering occurred with the run over $3 as they were all losing. I think positions will spike above the May 4 levels which will be a strong catalyst that will help push the price again to much higher levels. I personally don’t know why you would bet against a company like zoono in the current world climate but there are some who are doing it. It’s like how I never understood why so many people were shorting Tesla when it’s the future of greener automotive. Anyway I’ll be here to see how it all plays out as I have a long game with zoono.
 
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