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ZNO - Zoono Group

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SP has been tracking sideways for 4 months between 35 and 39c, the technology is amazing, Nano particles a little scary however has been widely accepted and that acceptance continues to grow, has cash, revenue and a big profit margin, worth a punt at this point in the price cycle.
 
not much mention recently ... but would have been a good March comp pick, eh @debtfree .....say, 200 per cent?

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from 06 March ...Zoono Group has entered into an Exclusive Agency Agreement with OSY Group Limited to promote the sale of Zoono products for the food supply chain sector.
Based in Manchester, England, OSY is a leading-edge provider of game changing, sustainable technologies in the hygiene technology sector. They were recently awarded an Innovate UK Award granting funding to support their food shelf-life extension work, with funded tours to Canada and Australia in February 2024 to meet leading supermarket and food packaging companies.

OSY has been working with a premium UK supermarket chain over the last 2 years and a leading UK soft fruits supplier to deliver shelf-life extension technology to reduce global food waste. The food shelf-life extension trials have now concluded, and the results have shown that there is up to a 40% increase in shelf-life of soft fruits where the packaging has been treated with Zoono products. For certain food categories, a one-day shelf-life extension can reduce waste by half.
Every year:
• 1.3B tonnes of food is lost due to inadequate harvesting, storage and transport. This is a third of all food produced;
• The cost to the global economy is US$ 1 trillion;
• 6-8% of annual global greenhouse gas emissions are produced by wasted food; and
• 1.26B people that could be fed by the resulting annual food loss.
(Source: Food Manufacturing June 2023: World Wildlife Fund: Food and Agriculture Organisation of the United Nations)

In simple terms, Zoono products work by forming a long-lasting protective layer on the surface of materials, which layer inhibits the growth of moulds, bacteria and other unwanted microorganisms on the treated surface.

In conjunction with Zoono, OSY has developed a unique application technology coat which permits Zoono products to be applied efficiently and efficaciously during the production process to the surface of the packaging materials used for soft fruits. Importantly, the process does not result in any degradation in the effectiveness of the Zoono products and, as such, the shelf-life of the packaged product ...
 
debtfree said:
April hasn't got off to a good start, down -31.67% today. :eek:
Click to expand...
and ..... this will keep a lid on things


... a pro rata non-renounceable Rights Issue to Eligible Shareholders on the basis of one (1) New Share for every two (2) existing Shares held by Eligible Shareholders on the Record Date at an issue price of $0.027 per New Share to raise approximately $2,884,644 (before costs) (Offer).

The Offer opens on 5 April 2024 and closes at 5:00pm (AEST) on 26 April 2024
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massive discount .. underwriters!?
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