ZNO 4.35% 2.4¢ zoono group limited

Yes, the volumes are very light, and correct, there is no...

  1. 2,541 Posts.
    Yes, the volumes are very light, and correct, there is no discount now, I was speculating that they were trying to shake out some options holders, but they do appear to be failry tightly held.

    For me its a matter of my particular trading plan. Others might have a wider stop loss in place, or be in for a longer term. I'm seeking shorter term returns and more immediate use of capital. No matter what the case, its important you stick with the plan you had BEFORE you went into the trade, and not make it up as you go along.

    It does look like smaller holders selling, and I notice that a lot of specss have been hit hard in the last two days. Maybe some bearish sentiment hitting speccy investors, particulary after the WMT selloff. I notice WMT is up again now, and its possible that some small holders are selling parts of their portfolio to add to their WMT on the dip. Not a stratgey I would recommend.
 
watchlist Created with Sketch. Add ZNO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.