As I posted yesterday at $1.93, I wouldn't be buying at that level nor now. Fundamentals indicated IMO fair value at $1.50 until further info was released. Singapore adds to that but I haven't worked through the numbers.
Share price today same as NYE, too far too fast & blow out. Needs to find support, maybe $1.70-$1.75? but I'm no chartist.
I reduced at $1.48 but the rest I'm holding indefinitely until the fundamentals change to say otherwise. I can see the business developing to rate a $2.50+ on fundamentals on PE <35 in next 12-24 months. I don't care if it goes back to $1.
ZNO Price at posting:
$1.83 Sentiment: Hold Disclosure: Held
