Zoono CEO steps down as investors fume

Zoono CEO steps down as investors fume
Zoono anti-viral being sprayed in a Melbourne tram, May 2020 (Image: Getty)
Denise McNabb
After days of rumours on an Australian investor forum and a query from the ASX about the company’s yo-yo share price, Zoono founder Paul Hyslop stepped down as chief executive on Friday.Hyslop will remain on the board of the New Zealand-based manufacturer of a proprietary, long-life hand and surface sanitiser. His move follows a volatile period for the ASX-listed global antimicrobials company that he formed in 2007 and took public a decade later.Its share price has slumped from a high of A$3.29 in July 2020, when the first onset of t...

More Markets

Rakon stock-price climb triggers watchdog review
Markets

Rakon stock-price climb triggers watchdog review

Rakon shares rose almost 9% on Wednesday but spiked even higher during the day.

Fisher Funds backs Summerset in rejecting covenant waiver claims
Markets

Fisher Funds backs Summerset in rejecting covenant waiver claims

Summerset is compliant with all lending covenants and obligations.

Critical minerals miner plans 2026 NZX listing
Primary Sector

Critical minerals miner plans 2026 NZX listing

The company plans to raise $20m from retail investors in mid-2026.

Genesis backs Huntly longevity as renewables pipeline expands
Markets

Genesis backs Huntly longevity as renewables pipeline expands

Huntly is cash-positive in every scenario to FY35 as Genesis expands renewables.