This drop in price is purely due to a poor communication strategy from management, the fundamentals of the stock look reasonable, especially with the boost to cashflow we'll see once health house international merge with us. The crew at Morningstar seem to think the stock is significantly undervalued.
I suspect this will come around in the medium to long term, but we're in for short term pain while we wait on market sentiment to swing positive. Cool heads required or losses will be locked in due to selling. For those who may be concerned about quarterly cash burn, Zelira isn't unique in this area, check out the latest report from little green pharma, yet market sentiment is positive in general for that organisation. Why? Because the management team are excellent communicators and understand marketing.
- Forums
- ASX - By Stock
- General discussion
This drop in price is purely due to a poor communication...
-
-
- There are more pages in this discussion • 161 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZLD (ASX) to my watchlist
|
|||||
Last
63.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.148M |
Open | High | Low | Value | Volume |
63.0¢ | 63.0¢ | 63.0¢ | $636 | 1.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1190 | 63.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
73.0¢ | 4489 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1190 | 0.630 |
2 | 5830 | 0.610 |
4 | 5415 | 0.600 |
1 | 8000 | 0.580 |
1 | 1200 | 0.560 |
Price($) | Vol. | No. |
---|---|---|
0.730 | 4489 | 3 |
0.760 | 3933 | 1 |
0.930 | 6000 | 1 |
0.940 | 41387 | 3 |
1.000 | 17106 | 2 |
Last trade - 13.56pm 26/07/2024 (20 minute delay) ? |
Featured News
ZLD (ASX) Chart |