ZNO 0.00% 2.7¢ zoono group limited

Zoono looking for a BDM in India, page-23

  1. 20,760 Posts.
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    The financial position that ZNO is in IF they needed additional funding, say a $10m+ a year contract without payment in advance with a multinational, they would access debt funding before tuning to a placement.
    Banks would be falling over themselves to lend ZNO money.

    IMO the only chance of ZNO doing a CR is if they signed multiple massive (far bigger than China agri) deals with multi nationals without payment in advance.
    If they did that the share price would likely be closer to $2.00 than $0.50, in which case who cares if they do a CR at those levels.
    $10m raised at $1.50 would be a 4% dilution.
 
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