ZNO 0.00% 2.7¢ zoono group limited

ZNO sentiment vs average purchase cost - straw poll., page-26

  1. 6,761 Posts.
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    Average price : 80c. Started accumulating from 30c

    b) Cautiously optimistic given SP rise. I think there are quite a few products/ distribution opportunities out there. My main concerns are:

    - Market perception that Zoono is a sanitiser stock and dumping it past December or so when covid fears die down

    - Management’s ability to scale in a time when PH’s attention may be divided among 100 things. No signs of recruiting more executives or board members

    - Given management’s focus on covid demand there has been no update on other channels such as animal health, previous deals like Turtle wax

    - Zoono name used by unrelated entities diluting the brand

    - No company’s SP goes up in a straight line. It is the fall/ pull back and the magnitude that is the worry. Otherwise I am looking too up my holdings.
 
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1 60000 2.8¢
 

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