ZNO
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0.00% 2.7¢ zoono group limited

The last time (prior to 1/4) SP was above 80c was over a month...

  1. Pcatar
    326 Posts.
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    08/04/21
    15:49
    Post #: 52335257
    The last time (prior to 1/4) SP was above 80c was over a month ago on 25/2/21
    https://hotcopper.com.au/data/attachments/3073/3073963-d3eefe2c00e12469cbe40d09a7ed1d7f.jpg
    This probably mean most of the 4.44M outstanding shorts as at 31/3 were shorted at 80c or below. This imply they're all losing money since the announcement (1/4), except for those who manage to return the shorts below 80c on 1/4.

    If SP can maintain above 80c, many of those 2.26M shorted in the last 3 days will be losing money too. And some short squeeze will have to follow.




    ZNO Price at posting: 80.5¢ Sentiment: Hold Disclosure: Held
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