ANR 16.4% 5.6¢ anatara lifesciences ltd

Ann: Top 20, page-2

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  1. 56,628 Posts.
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    I'm lurking at 35 to 40 today after grabbing a few under 40 just then. The company says it has raised $7 million in an oversubscribed offer with strong support from institutional and retail investors.

    Anatara wants to commercialise its lead product, Detach, which uses a natural extract from pineapple roots called bromelain to stop diarrhoea-causing microbes from attaching themselves to pigs' small intestine.
    The company says it wants to expand the use of Detach to other livestock and eventually for human use.

    Floated at 50c. Many risks for this stock and corresponding business plan but it appears well managed with a decent Top20.

    http://anataralifesciences.com/
 
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