For distributors it is about margins and what kind of sales channels they have access to.
SKN have access channel and revenue story will be a natural progression.
Zoono is a great company and ticks most of the boxes but the current SP has everything factored in already. Once a company hits positive cash flow and towards profitability, the speculation is over - the market has results and will only value it on what they can see and not what they can imagine. The run is mostly over... unless they pull another rabbit out of the hat
Comparing SKN to ZNO, page-91
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.357M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.428K | 357.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1048414 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 661008 | 3 |
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| Last trade - 14.31pm 08/11/2024 (20 minute delay) ? |
| SKN (ASX) Chart |