Sharesdude...Im a holder and have been burnt badly. We need to understand that the demise of Zoono from $3.20 to $1.55 isnt based on people anticipating or being confronted with Zoono merely making a few million less than last quarter. In the scheme of things, this company could make $20m+ next quarter. It is still a growth company. However, if people had more faith in Hyslops decisions, his level of communication and transparency, then we would still be at $2 at the very least. I think shareholders do not have faith he knows how to lead, communicate effectively and regularly with shareholders and manage finances going forward. A dividend was a bad decision indeed. Its not professional to say we made $2m NPAT and put in brackets if we had not paid shareholders a dividend and paid tax, then NPAT wouldve been $7m. Thats not how the world works plus he is stating the obvious and really...theres no one to blame but himself for this decision. Im hoping Hyslop learns from all these errors going forward and can lead shareholders to trust him better for a better future.
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