A company losing revenue gets sold down, but prices tend to overshoot fair values. I don't see this coming down further if the claimed invoiced sales are correct. The market will just take a pause till further confirmed and then reverse course. Only a fool would continue to sell this down knowing the risk.
The comms has been poor and management has a lot of work to do improving on that in subsequent reports, but if the $8.6m extra invoiced sales are actual (which I believe as management would be putting itself in big trouble if it weren't) then this is going back up from 90c.
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.889M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.8¢ | $6.187K | 220.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17983 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 304864 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.028 |
3 | 165150 | 0.027 |
1 | 124012 | 0.026 |
4 | 242500 | 0.025 |
3 | 166720 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 304864 | 1 |
0.030 | 1350000 | 1 |
0.031 | 126391 | 3 |
0.034 | 88000 | 1 |
0.035 | 142000 | 3 |
Last trade - 15.50pm 23/08/2024 (20 minute delay) ? |
ZNO (ASX) Chart |
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