ZNO 0.00% 2.6¢ zoono group limited

14c is the support sunnyskies, the bids at 13.5 are just window...

  1. 2,541 Posts.
    14c is the support sunnyskies, the bids at 13.5 are just window dressing for the accumulators. If it falls through 14c it would get to 12.5c in pretty quick order, but this is looking unlikely at the moment. If it does fall through 14c I'd be recommending picking up oppies at 7.5c or thereabouts.

    Actually, I'm fairly impressed with the Directors' action in January. They saw that the SP was getting ahead of itself on speculation about the Uranium results, when this wasn't the main game of the company. They directed the market regarding that speculation on 3 January and then further dampened demand for shares by selling into the strength.

    Given that the main game is now bearing fruit, and the MK tenements are showing further confirmation of the earlier results, they are sensibly recovering their holdings, without having overly profited from the transactions (after all, they could have sold at 20c and bought again at 7c, they have sold at 13c and bought back in at 11c).


 
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5 374184 2.5¢
 

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Price($) Vol. No.
2.6¢ 37000 2
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