Hi @Oatmilk1,
A well measured post.
I also jumped in back in July 2020 @ $3 when Covid -19 was wreaking havoc, the business fundamentals back then looked good, we also received a dividend that year and yes they were / are "cashflow positive" l have since averaged down to $1.50ish but show a massive paper loss of some 90+% down as of today's close of 14.5c.
I have also had correspondence with Paul and he has been reassuring however the SP continues to trend downwards.
2 months back the Company was disappointed with the share price @16.5c claiming after settling a legal claim with a "Middle East" company who then dumped all their 1.2 Mil shares on the market something Zoono could not control - apparently they were issued @ .44c - seems spiteful to me.
With Zoono bringing more staff on board and working on several positive initiatives sales better be good in the near future.
Its my view the MD should focus his time & energy on rebuilding sales and let the SP correct itself.
ST
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Hi @Oatmilk1,A well measured post.I also jumped in back in July...
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