After undertaking quite a bit of research on ANO I am loving the metrics they present and the likelihood of positive gain for a longer term (12 month minimal hold).
Most importantly is that:
1) Wages as a percentage of sales revenue is going down
2) 35% increase in sales in 2018 and a further circa 35% growth in 2019 - to $8m.
3) A large ramping up of production that will support increased sales.
4) Cost savings generated by larger sales
Considering that only 30% of microcap's are either cash flow neutral or positive - and considering that ANO has strong projected growth that is being supported by a production ramp up - how could you not go past this little stock?
ANO Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held
