The kiss of...

The kiss of death...
https://www.********.au/2020/02/21/these-3-asx-healthcare-shares-could-make-you-rich/

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Zoono Group Ltd (ASX: ZNO)

This little-known ASX small cap biotech company has enjoyed a great start to 2020, with its share price soaring 165% year-to-date.

Zoono manufactures and distributes environmentally friendly and non-corrosive antimicrobial surface and skin sanitisers. When sprayed on surfaces or applied to skin, its product leaves behind a microscopic polymer layer of “pins” that attract and pierce the cell walls of pathogens, killing them and preventing mutation. It can continue to work for up to 30 days after being sprayed on surfaces.

Zoono is one company that has actually benefited from global fears around the spread of coronavirus. The company’s website currently says it is experiencing such high demand that customers need to allow 7-10 business days for Zoono to pack their orders.

In response to the coronavirus outbreak, Zoono issued a statement stating it was confident that its products could be part of the solution to fighting the spread of the disease.

Zoono’s product has been sent to Germany to be tested for effectiveness against the latest strain of coronavirus, with the outcome expected to be announced to the market in March – expect a further share price bump if the tests are successful. '

So with the MF track record the share price will undoubtedly fall the day they release the results!