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Zamano – believes close to a sought business disposal, so why are the shares lower?

By Steve Moore | Wednesday 9 August 2017


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Attempting to sell its ‘premium SMS’ business and “in discussions with a number of parties”, Zamano (ZMNO) now “believes it is close to executing a transaction with a preferred party”. Sounds positive, so why are the shares lower, further below 4p?...


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