ANO 0.00% 72.0¢ advance zinctek limited

A stunning result considering the 13 week payroll period! We...

  1. 1,112 Posts.
    lightbulb Created with Sketch. 483
    A stunning result considering the 13 week payroll period!

    We might be able to crack $2 million in receipts next quarter, depending on exact timing. Pretty cool. Should have a very healthy cash balance even after they pay out $677,000 to buy out our third largest shareholder. Hopefully then we will turn our scope to targeting the #2 shareholder - good riddance!

    The estimated cash flows for the next quarter appear to be a bit of a copy paste job from the last time. I'm not sure it's a true reflection given the leak around future production plans of MADE IN THE USA! At least this time it wasn't a leak out of thin AIR.

    Ultimately, the annual report should provide the commentary we are craving. Short of another unnecessary EGM from @kearneymaurice too, the AGM will most likely have better catering than last year with at least some wagon wheels, instead of mixed creams.

    I note there was some strange asset purchasing going on in the quarter. Too much for simply biscuits!

    Last time they reported revenue is up 10% and profit was $500,000 before tax. Now they say sales are up 16%.

    Nevertheless, we should see that "dividends paid" line start to be populated very soon.
 
watchlist Created with Sketch. Add ANO (ASX) to my watchlist
(20min delay)
Last
72.0¢
Change
0.000(0.00%)
Mkt cap ! $44.96M
Open High Low Value Volume
72.0¢ 72.0¢ 72.0¢ $288 400

Buyers (Bids)

No. Vol. Price($)
1 24998 72.0¢
 

Sellers (Offers)

Price($) Vol. No.
76.5¢ 30888 2
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
ANO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.