I have had huge hopes for this stock for a while and while it still has the potential to deliver into a legit operation there are a few hurdles they need to clear.
They need a really big contract, a company maker. Doesnt every company you may say... The simple facts are that ZYL have their foot in the door with a few opportunites that could deliver on such a deal. ANZ, NAB banks, Railcorp, Computers for secondary students, Dubai and India opportunities, all of which have been announced.
They really need serious investors that are prepared to hold stock and treat the company as an investment rather than just a trade. Realistically this will only happen if they get the big contract though.
IMHO they are probably focussing on growth at present, trying to crack the elusive big one in preference to delivering modest positive cashflows??
I have had huge hopes for this stock for a while and while it...
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $71.58M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.5¢ | $257.7K | 16.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 12019204 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 164394 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| AZL (ASX) Chart |