I must say I think it's strange that someone who has such a big growth rate (far higher than i expect) would use such a low PE, doesn't really stack up IMO.
Almost as if they worked out their sales/profit number that they really liked, then used one PE & found that the valuation was way too high & so used a lower PE to get a number they were happy with.
If for example ZNO does $90m in revenue then IMO it would be well over a billion dollar company (i.e $7+).
ZNO Price at posting:
$1.42 Sentiment: Buy Disclosure: Held
