AnaeCo is a commercial start-up with new technology and no...

AnaeCo is a commercial start-up with new technology and no history of revenue, profits or dividends. It may take a couple of years or more for the first plant to prove itself and for the company to achieve profitability.

The prospectus did not offer profitability or revenue forecasts. More capital is likely to be required in the future to fund expansion and dividends are unlikely for many years.

This is a speculative capital gains based investment for medium term investors who don’t need the capital before then.

The offer is expected to close in mid-January with ASX listing slated for the end of the month. Good luck to all....