Sales of $18m seems to be half of what they projected in Oct19
Appreciate that was pre-covid, but their announcement on 26th March offered no update to that initial forecast, and the above also does not speak to that. Great profit result relative to last year, but they still have not address the continuous change in metrics with each announcement (from profits to sales to orders in metric tonne to orders in $ etc etc).
$8.5m in profit equates to EPS of ~10c so trading on a multiple of 50 at todays prices......sadly would like to hold on given the possibilities, but if I cannot get clear messaging from mgmt, funds better deployed elsewhere. Sold into the price rise.
Hope the best for holders, and hope to join the register again at some point, but would need to see Geoff & Lev clean up the messaging.
ANO Price at posting:
$5.30 Sentiment: None Disclosure: Not Held
