ANO

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76.5¢ advance zinctek limited

Ann: Change of Director's Interest Notice - Lev Mizikovsky, page-12

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Hottin

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09/09/19

15:03

Post #: 40360045
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Originally posted by throwerw ↑

It all comes down to each shareholder's situation. If you're all in with no other income and need some cash, selling a few shares is your only option (thats me)! If you're Lev and have a steady stream of cash flow coming from a mature business (TWD), you buy what few shares you can as they come available. If you mortgaged all your property to buy shares at the bottom, maybe you need to sell a few shares to make your interest payments. If you started a sunscreen business on the side thats selling out because you dont have enough inventory, maybe you need to fund that unexpected growth somehow? On the other hand, eventually you might also reinvest the profits back into ANO.

Consider this... once the company is included in the ASX200 (no argument about if, just when), you will probably be able to get margin on the stock. Once growth slows down to just double digits, there will be a decent dividend as well. Then there should be no pressing need for any long time holders to sell, if they wanted to buy a Bentley or a motorcycle or a ridiculous sports car with ANO plates or whatever.

At the same time, our buying power will multiply. If I could use margin here to buy more stock, I certainly would.

Average forward P/E of ASX growth stocks is about 40x. ANO probably has the highest growth rate of all in the triple digits, yet the forward P/E is somewhere between 15x and 28x. Guidance of $30m revenue gets us around $15m EBIT and $10m net income. Both volume and price guidance look too conservative... 1500MT at $37/kg would almost double the projected results.

In terms of timing, I think the crazy drops must be behind us. We are ramping into high season and the news going forward should exceed expectations set out in the FY presentation.

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Yep totally agree mate. It feels like ANO sp is pushed down just to keep it down with orders like 139 shares, 8 shares ...

ANO Price at posting: $4.68 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 76.5¢		Change 0.020(2.68%)		Mkt cap ! $47.77M

Open	High	Low	Value	Volume
74.5¢	76.5¢	74.5¢	$8.238K	10.88K

Buyers (Bids)

No.	Vol.	Price($)
2	10032	72.0¢

Sellers (Offers)

Price($)	Vol.	No.
79.0¢	500	1

View Market Depth

No.	Vol.	Price($)
2	10032	0.720
1	425	0.705
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.790	500	1
0.900	10000	1
1.050	15000	1
0.000	0	0
0.000	0	0

Last trade - 16.10pm 30/08/2024 (20 minute delay)

ANO (ASX) Chart

Ann: Change of Director's Interest Notice - Lev Mizikovsky, page-12

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

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Ann: Change of Director's Interest Notice - Lev Mizikovsky, page-12

Top Stories

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Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

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Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

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Helix investor makes partial takeover bid, proposing board changes

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News