XAO 0.61% 7,897.5 all ordinaries

Advance Nanotek - ANO ANO - A sunscreen Consumer Staples...

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    Advance Nanotek - ANO

    ANO - A sunscreen Consumer Staples manufacturer currently in the circa $20m mcap is about to hit cash flow positive with some strong sales growth projections over the next two years (35% + 35%).

    ANO are supporting such organic growth through the addition of a larger factory and manufacturing equipment.

    Technically ANO is in a bollinger band squeeze just before there next 4C which is expected to achieve sustained growth. The bid and ask table also indicates a build up of the bid side.

    ANO is about to go on a run.
 
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