ZNO zoono group limited

It's 2025, it's been a while since I have made posts here and I...

  1. 4,880 Posts.
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    It's 2025, it's been a while since I have made posts here and I feel it is appropiate to make a charting thread on this after a considerable amount of down time.

    Do note, I am a trader and realise the stock has had it's fair share of very negative sentiment and destroying shareholder wealth etc etc however I look for shorter price movements as opposed to approaching speculative stocks with an investing approach.

    With this said, I feel it's warranted that every dog stock has it's day in the sun. ZNO is a stock I have been watching since COVID 2020 days.

    Recently the stock has shown 2 cases of price spikes. Attached is a Daily chart with some simple thoughts outlined. To save this post being too long and writing everrything on my mind I thought simple is best, less is more.

    Would love for other market participants whether traders or investors to add their 2 cents, and contribute in a place where nobody is right, nobody is wrong and NOBODY is better than anyone else. So I am setting the standards for respectful and intellectual conversations.

    I am personally upgrading this stock to a BUY based on my systems and approach to the markets.
    Price Target is 5.4c to 6c as conservative and realistic targets, nonetheless this can truly surprise us all and former runners deserve my respect!

    Good luck to current holders! It's a nice thing to see when Directors and other insiders take up full allocation as they have just recently finalised their Rights Issue.

    Considering this has less than 350M shares on issue and Top 20 are holding close to 70% with 5 institutions still on board, I am seeing what others MAY be discounting, or not come to awareness just yet. So I'll be the first and share my insights.

    Looking forward to seeing how this unfolds! biggrin.png

    https://hotcopper.com.au/data/attachments/7189/7189327-a9a2a1294175c5edac72815bb411ab1e.jpg


 
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(20min delay)
Last
3.4¢
Change
0.001(3.03%)
Mkt cap ! $12.84M
Open High Low Value Volume
3.3¢ 3.4¢ 3.2¢ $7.371K 220.5K

Buyers (Bids)

No. Vol. Price($)
1 200000 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 70011 1
View Market Depth
Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
ZNO (ASX) Chart
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