ZNO
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4.00% 2.4¢ zoono group limited

Ann: Appendix 4C - quarterly, page-29

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  1. Brett M H
    197 Posts.
    lightbulb Created with Sketch. 18
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    29/04/18
    21:51
    Post #: 32751604
    Thanks Gusman1974

    Maybe the key words in that statement is "on the sale of the product"???

    Therefore ZNO don't get paid until their distributor actually sells the product (not when they actually ship the product)?

    Does anybody have any thoughts or knowledge about this possibility - as this may explain the cash receipts "shortfall" over ZNO's stated revenue figures?
    Last edited by Brett M H: 29/04/18
    ZNO Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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