They are running at full capacity now and making just over $1m every two months as they don't have to pay tax yet. So if that equates to annual turnover of $30m/annum (which hasn't been confirmed) then their margins are around 20%. Management have actually stated that the extra capacity increase will be well in excess of current order intake, so it would be very optimistic to think that it will instantly be filled. I am sure sales will increase, but its more about what the market is expecting at this stage with the huge run up in the share price.
ANO Price at posting:
$2.94 Sentiment: Hold Disclosure: Held
