Ann: FY20 Overview, page-72

Target $2.37
Earning for 2021 will be $7M (in shortterm growth investor will dump this stock for better growth opportunity elsewhere)
Inventory rising expected to be $11M+ in early CY21 (unless they stop production). This is dead cash no one like to have. Also, typically these type of inventory build up will put heavy discounting pressure when things start picking up (so the margin squeeze)
ANO is stockpiling product as time goes, their vendors/suppliers are not going to hold off payment terms. in 21H1 (i.e. now) they need to pay @$1.6M towards that.That's not an issue now as long as their distributors fork up outstanding invoices.
2021 looks tougher and that may bring heightened price pressure on SP. Would not look into this till SP price starts tracking into mid $2s

DYOR