ZNO 3.57% 2.7¢ zoono group limited

Have we found the bottom and is the bounce back we have been waiting for?, page-5

  1. 16 Posts.
    lightbulb Created with Sketch. 14
    https://hotcopper.com.au/data/attachments/2051/2051875-bd64bacfc438f10bb592c52aef3b7ddd.jpg
    For ZNO to be fairly priced at $1.35 on a PE of 18x the company would be forecast to make only $12.6M NPAT over the next 12 months.
    Clearly mis priced given current run rate.
    Investors need to be patient and wait for half yearly results in August to confirm that the company is on track.
    Last edited by FSCM: 20/03/20
 
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