Zoo Digital Technology with a market set to grow strongly

Cash,

Each of the previous fundraisers was followed by a collapse in sp, a dilution of shareholders holdings and an erosion of investor confidence.

I do agree with you that fundraisers can be positive. However, in the case of ZOO the money from the last two fundraisers just does not seem to have improved the prospects of the business in terms of converting the technology into profit. Indeed, each the previous fundraisers has been preceeded by a profit warning. We had a veiled warning in the latest interims which is true to form. We are now just waiting for the inevitable cash call. If history is not evidence enough, just take a look at the balance sheet. It is very unhealthy.

It seems the company are just using shareholders money to pay the bloated overheads. I think the positive rns that could come out would be some retrenchments. It would at least show ZOO are trying to control costs.

I see from the rns today that the directors are still giving themselves free shares rather than buying on the open market. This is unlikely to bolster confidence amongst holders.