hi Vestro, thanks for the great insight. if I may clarify your...

hi Vestro, thanks for the great insight. if I may clarify your point about the competitive edge in manufacturing process with zero/minimal wastage, I am in the opinion that manufacturing process can be fine-tuned or re-designed in different ways to create the desire efficiency and effectiveness. this has been seen in many industries. Hence, there is risk that big players may find their ways in near future. for example, hire a better chemist.

I like this stock and holding the position with the consideration of adding more stake. however, I yet to pinpoint their competitive edges. I view ANO as a first mover in Zinc Oxide with the new FDA regulation.