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Ann: FY20 Overview, page-74

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vestro

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04/10/20

15:41

Post #: 47840813
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Originally posted by mdesai ↑

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

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LOL wow

ANO Price at posting: $3.16 Sentiment: Buy Disclosure: Held
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0 Great analysis

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Last 77.0¢		Change 0.000(0.00%)		Mkt cap ! $48.08M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	5273	77.0¢

Sellers (Offers)

Price($)	Vol.	No.
90.0¢	5250	2

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No.	Vol.	Price($)
1	5273	0.770
1	49122	0.760
1	24	0.730
1	42952	0.720
1	714	0.700

Price($)	Vol.	No.
0.900	5250	2
0.950	5000	1
1.000	11450	2
1.050	5000	1
0.000	0	0

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Ann: FY20 Overview, page-74

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

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BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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Ann: FY20 Overview, page-74

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