Sorry to bring this old thread back to life however I was reminded of this ANN when reading an article on ANO last night. I wonder if the company still feel the same way about the share price with recent FDA developments and their growing order book? The SP was $1.26 when they released the ANN! It's surprising to see them use the phrase "capacity limitations" when forecasting 2 years into the future. I think their estimation of the then current size of the zinc oxide market is obviously expanding with the FDA regulations announced.
I'm just trying to get a proper feel for what is actually possible rather than gleefully forecasting for exponential expansion and and SP that knows no bounds. I really like this ANO and would like to add a few more parcels to my holding but can't work out if the SP is a bit over excited at the moment. Really appreciate any thoughts on the above.
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- Ann: Response to Optimistic Share Price Projections
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