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Zoono Group Addresses ASX Inquiry Amid Stock Price Fluctuations

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Zoono Group Addresses ASX Inquiry Amid Stock Price Fluctuations

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An announcement from Zoono Group Limited ( (AU:ZNO) ) is now available.

Zoono Group Limited has responded to an ASX inquiry regarding a notable fluctuation in its stock price and trading volume, clarifying that it is unaware of any undisclosed information that could explain the market activity. The company attributes the interest to ongoing projects, particularly its shelf-life extension trials with OSY Group Ltd, which are progressing well in the UK and could potentially lead to broader adoption in food packaging. Zoono confirms its compliance with ASX listing rules and emphasizes its commitment to transparency with stakeholders.

More about Zoono Group Limited

Zoono Group Limited operates in the biotechnology industry, focusing on developing and distributing antimicrobial solutions. The company collaborates with partners like OSY Group Ltd and engages with supermarket and packaging groups across the UK, Europe, Asia, Africa, and Australia to enhance the shelf-life of products.

YTD Price Performance: 35.00%

Average Trading Volume: 265,783

Technical Sentiment Signal: Buy

Current Market Cap: A$9.6M

See more insights into ZNO stock on TipRanks’ Stock Analysis page.

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