Zotefoams – excitable RNS Reach follows a new broker appointment & profit warning. Hmmm…
By Steve Moore | Wednesday 9 October 2019
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.
Zotefoams (ZTF) has announced a launch of “a wonderful complement to our traditional use of MuCell® technology, which is designed to reduce plastic use in packaging” in an announcement including an “estimate, the global demand for liquid packaging cartons alone is forecast to reach $26.42 billion by 2022, growing at a CAGR of 7.7%”. This also follows a profit warning and more earlier this month. Hmmm…
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