STTCOMP ZNO, TA LONG
Market cap: 10M
Shares on issue: 50M + 100M odd es crowed may 2019
Share price: 17c
Zoono specialises in the development, manufacture and global distribution of a suite of proven, long lasting and environmentally friendly antimicrobial solutions. It has developed products, including aerosol-based sprays, suited for skin care, surface sanitisers, treatment of acne and mould remediation. The products are based around the “Zoono Molecule”; a unique, antimicrobial molecule that bonds to any surface and kills pathogens including bacteria, viruses, algae, fungi and mould. It has proven efficacy, longevity and, importantly, it does not leach. Zoono products are currently sold in many countries.
ZNO chart, Over the last few months sellers have failed to push the price below support at 15c creating a nice base. Volume has also been steadily reducing over this time period.
Price is now slowly drifting up on minimal volume.
The company is also expecting sales growth in the short term.
