Breakout was imminent with supply in the mid $1.30's done ... closed above $1.42 today to confirm.
ANR has two major catalysts on the near horizon:
- Potential commercial agreement for the worldwide development, distribution and marketing of Detach with Zoetis
- Potential APVMA approval enabling Australian launch of Detach
Once confirmed the market will have to start valuing ANR on potential future earnings leading into FY18 results. In my opinion the last two months have been the start of that process.
Nice jump, page-2
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