ZNO 4.00% 2.6¢ zoono group limited

Ann: Appendix 4C - quarterly, page-12

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  1. 3,459 Posts.
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    Yes, production costs already paid for so the $850k to come will go straight in the bank to add to the nearly $6.6m they already have. Plenty of opportunities in the pipeline. China, Korea, Japan, Middle East, India, UK, US, Canada, NZ, Australia, and now South Africa too. Just need those repeat orders to start coming through on a regular basis, but it will take time. Some of those markets are in very early stages, though it's taken a lot of time to test the products and have them certified for local use. As an example, Japan took 3 years. I'm still positive for the mid/long term. We just need patience and trust in the product/management.

    Ps. Regarding Stayzon. For Zoono to accept a loss on the loan to them, would imo imply that Stayzon were in trouble financially. Zoono obviously tried to help get them started with that loan, but Stayzon weren't able to live up to their end of the deal. All conjecture on my part though.
 
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