ZNO

4.00%

2.6¢ zoono group limited

I have no idea why the volume is so massive today. The massive...

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15/09/17

12:16

Post #: 27243612
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Originally posted by Wilson4 ↑

I have held this stock for a few months because I think the concept/products have excellent growth potential and the company seems to be moving towards making a profit. However, I do not understand the increase in volume & SP today. It seems to be the result of spruiking from brokers and subscription services?

I am fairly new to owning shares but it seems logical that brokers/subscription services would accumulate stock, then preach it to their audiences/customers to buy, then sell out and make a profit and hopefully the SP is sustained so they can rinse and repeat with another stock?
Do you people think this SP will be maintained at this level (say 30c) or more likely to fall again (say 26c) before rising gradually on the back of good announcements etc?

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I have no idea why the volume is so massive today. The massive volume means weak hands are giving it up and we had better hope stronger hands are getting it.
I haven't seen anyone recommending this stock. I haven't looked hard though.
As for whether it goes up or to 26 and back up, I have no idea. No one does. If you are investing then you wouldn't care. If you are trading this then it's just a numbers game and you had better hope the odds of success are in your favour.

ZNO Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.6¢		Change 0.001(4.00%)		Mkt cap ! $9.241M

Open	High	Low	Value	Volume
2.5¢	2.6¢	2.5¢	$3.803K	146.6K

Buyers (Bids)

No.	Vol.	Price($)
1	149999	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	181013	2

View Market Depth

No.	Vol.	Price($)
1	149999	0.025
4	166721	0.024
2	77000	0.023
2	145450	0.022
2	128080	0.021

Price($)	Vol.	No.
0.026	181013	2
0.028	150148	3
0.029	304864	1
0.030	868200	2
0.031	369295	2

Last trade - 10.59am 06/09/2024 (20 minute delay)

ZNO (ASX) Chart

I have no idea why the volume is so massive today. The massive...

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