ANO 0.69% 72.0¢ advance zinctek limited

Ann: Response to Optimistic Share Price Projections, page-8

  1. 3,143 Posts.
    lightbulb Created with Sketch. 331
    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.
 
watchlist Created with Sketch. Add ANO (ASX) to my watchlist
(20min delay)
Last
72.0¢
Change
-0.005(0.69%)
Mkt cap ! $44.95M
Open High Low Value Volume
72.5¢ 72.5¢ 72.0¢ $8.467K 11.75K

Buyers (Bids)

No. Vol. Price($)
1 4540 72.0¢
 

Sellers (Offers)

Price($) Vol. No.
73.0¢ 500 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
ANO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.