‘Over-hyped’ Zoono shares fall drastically after Covid rush
But the antimicrobial product maker expects big business in the post-pandemic world.
Short sellers looking to profit off “overhyped” Auckland-based antimicrobial product maker Zoono have been blamed for the stock falling 81% since mid-2020.
Shares in the ASX-listed and Auckland-based company hit highs of A$3.2 in July, valuing the company at more than A$500 million before
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