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ZNO

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2.3¢ zoono group limited

The sp is on a very high PE based on prior results, it's...

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Tarvold

955 Posts.

86

14/03/18

14:41

Post #: 31748563
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Originally posted by picksel ↑

I'd love to find out about that as well. There's got to be a fundamental reason that caused the perception of "Dump!"
Sometimes though, it does happen that the technical view of a gap needing closure is an overriding factor. That could be the case here, especially given the low volume underlying that 50% price decay.
Interestingly enough, today's buys at 26.5c have all been XT crossings... W8NC

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The sp is on a very high PE based on prior results, it's inevitable that there will be profit taking until further growth is evidenced.
In my estimation it's currently on a PE of around 25 for 2018 earnings. If those sorts of numbers are confirmed & growth rates continue then a PE of 35 is possible & based on 2019 potential numbers then 50c in 6-12 months is very realistic.

Nice bounce today on a soft market.

ZNO Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $9.241M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	80500	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	1937	1

View Market Depth

No.	Vol.	Price($)
1	4706	0.090
2	61000	0.085
1	25000	0.083
1	121951	0.082
1	10000	0.080

Price($)	Vol.	No.
0.092	4500	1
0.100	12000	1
0.110	10000	1
0.115	10000	1
0.120	1200	1

Last trade - 16.12pm 27/09/2024 (20 minute delay)

ZNO (ASX) Chart

Day chart unavailable

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