Zoono updates market on cashflow

The hand and surface sanitiser manufacturer has been struggling post-covid. (Image: Getty)

Wed, 14 Feb 2024

Zoono has allayed Australian securities exchange concerns that its financial condition might not warrant continued listing by telling the market it expected a positive cashflow for the last quarter of this June financial year and positive earnings next year. The hand and surface sanitiser manufacturer said on Tuesday in a response to eight questions sent by the Australian securities exchange's (ASX) listings compliance department on Feb 8 that “Zoono is and will continue to be solvent”. The ASX raised with Zoono that i...

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