ANO 0.00% 72.0¢ advance zinctek limited

NPAT 2019, page-23

  1. 493 Posts.
    lightbulb Created with Sketch. 137
    After years of cutting unnecessary expenses to turn the business around and spark a virtuous cycle of cash flow generation, it is now logical to bring as many growth expenses forward as possible, to keep taxes as low as possible for as long as possible to grow as quickly as possible. Yes we have lots of tax credits but I suppose there should be no rush to use them right away if management finds a way to invest more aggressively in long term growth and reduce taxable income in the near term. Obviously they are familiar with the amazon model as we will ultimately be selling millions of bottles of sunscreen on the platform. Anyway I think your work shows there is a gushing geyser of profit to work with now. I'd like to hear news of more planned major capacity expansions, more formulations, R&D and pilot testing for the rest of the IP portfolio.
 
watchlist Created with Sketch. Add ANO (ASX) to my watchlist
(20min delay)
Last
72.0¢
Change
0.000(0.00%)
Mkt cap ! $44.96M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 84372 72.0¢
 

Sellers (Offers)

Price($) Vol. No.
74.0¢ 250 1
View Market Depth
Last trade - 16.12pm 02/07/2024 (20 minute delay) ?
ANO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.