Daytrading July14 afternoon, page-183

Got into ANG for following reasons apart from sexy looking daily and weekly chart.

ANG - Raising $28 m to fully repay it's debt and had cash position over $3m prior to that.
   
   So after paying debt basically Company with $60m MC will have Net Assets / Equity 123M that brings asset back SP = 23c

However we are again seeing strong uplift in mining GOLD, Lithium, Nickel, Zinc, Silver, Graphite and so recurring revenue has grown by 55% of sales over the past 12 months. That generates approx $120m of revenue per annum.

Hence, believe ANG will be sitting around 30-50c in next month or two.

Please DYOR.