ZNO 0.00% 2.5¢ zoono group limited

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  1. 881 Posts.
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    Anyone still on hopium here should consider the effects of the following on the share price:

    - Extra 1.1mln shares likely to be fed to the market by Sky Scrapers (issued as part of court settlement) - this is about 2 weeks of volume on average

    - Extra $500k hit to the cash flow as part of the above mentioned settlement. Last cash flow was barely positive after removing significant items. Although it will be recognised in Q1 and won't be reflected in the upcoming quarterly.

    - Pandemic quickly morphing into endemic with people being tired in general and of sanitisers specifically.

    I reckon there will be a cap raising between now and the end of March.
 
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