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clock Created with Sketch. 23/12/20
10:37
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Originally posted by Dibdab:
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The share price has fallen due to the 11m reported in April, I believe an assumption of 11m per month was configured on this. When the June quarter fell way short so did the share price. This doesn't change the fact that if you're investing in a company you're doing it for long run. You seem very unhappy that Paul has close friends who are also investors. You could have found this out before you invested. You were very dirty when you sold your msb shares for zoono shares only to see msb rise and zoono to fall. This really is a traders mentality. In my personal case I've seen my 180k profit on zoono dwindle away to barely breaking even. What keeps me invested is the belief in the company and reason why I first invested in zoono in the first place - technology that is industry disruptive with a constant need for it . The fact that zoono has signed up all these massive companies who are no doubt repetitive customers in a highly competitive market is enough for me to have the confidence in zoono for the long term. Zoono has built a solid foundation and I have no doubt they will continue to grow. If I didn't think they could grow then I would also sell.
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Wow. Letting 180K dwindle back to break even. If I've learnt anything after all these years is, when there's profit to take, take it. That 180K profit I would have sunk it straight into FMG.
