ANO 0.00% 77.0¢ advance zinctek limited

growth stock turning a profit in the malking?, page-29

  1. 8,443 Posts.
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    Spot on Vestro, if ANO can land a deal with one of the many large European cosmetic companies which from memory they have been in talks with for some time now testing our products then we could see little ANO like you say "sky rocket" on the blue sky potential that will bring to the company.

    By the look at the current market cap its obvious to see investors havent caught onto ANO yet. The fact that we were cashflow positive last quarter and the recent ramp up of production to Merck and soon to have a new North American distributers its hard to see ANO staying this cheap for much longer.

    The best part is even if nothing else eventuates in regards to additional deals(which is highly unlikely) we will still be turning over a massive profit compared to the current market cap and will see nice gains in the share price once the late comers realise what ANO is doing and how much they are making.

    I continue to buy and have a few orders a bit lower in hope they get filled but incase they dont i have been buying at current levels as i think anything any where near the current share price is cheap.

    Like i have said before my price target of between 4-5 cents (approx $20m market cap)in the next 2-6 months is based on the company making around $500k per quarter which i beleive they will be able to acheive with existing deals and any new deals will be a bonus and my valuations will be much higher.

    All of the above is based on my own research and expectations and urge others to do their own research and form their own opinions.

 
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Mkt cap ! $48.08M
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1 5273 77.0¢
 

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Price($) Vol. No.
90.0¢ 5250 2
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