Mr Fantastic, are you suggesting that announcing a $50mill pro rata B2C revenue pipe and then choking the flow put a dent in investor confidence....
I think they played it the only way they could in the circumstances; growing pains going from toddler to early adulthood in about 30 days!
If the flow goes back on Monday as has been commented on, with a third party that knows their business, bottles in place, and unlimited supply, then ZNO should roar past $2. It may help to 'lower the bar' on what they consider materially announceable, however, and keep us over-informed for a while as investors examine more closely how the massive transition the company is going through is managed if they want to maximise investor interest, IMO.
Let not also forget that a lot is happening, and big announcements promised on new contracts in the B2B side of the business. I get your pessimism here, but we are living in a particularly news-driven market atm, with short news cycles; news will boost.
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Mkt cap ! $9.889M |
Open | High | Low | Value | Volume |
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3 | 197000 | 0.025 |
4 | 266720 | 0.024 |
2 | 270000 | 0.023 |
2 | 145450 | 0.022 |
Price($) | Vol. | No. |
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