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It really does seem to be (not wanting to jinx anything now!). A 500k share purchase just before lunch today and similar over the last week or two seem to be keeping us buoyant. A bit more news would be nice to help push us back up over the 20p mark, but we certainly can't complain in the current climate. Might be worth topping up some more now AIM_Higher and hope 18p is our bottom!
Morning all. I like your strategy CofL. If only I could stick to it! I have the feeling that we’re all similar on this one. Our sensible heads tell us that this is at least three to five years away from starting to bubble the way we want it too. However our early mover child like enthusiasm is eagerly anticipating the day we check the price and see a nice big green spike (for our own personal finances and for the what it means for the planet)! I don’t think I’ve ever felt quite as emotionally attached to a stock ??.
Enjoy the bank holiday all!
Definitely been an uncomfortably bumpy day! If it helps I’m taking reassurance from the fact that nothing has fundamentally changed with ANIC (to our knowledge) and the reasons I invested are still the
same. Closing our eyes and fast forwarding to 2025 sounds like a great idea gonsan!
Interesting point Chris. Agreed we need a large scale plant producing at close to parity with traditional meat for solid NAV growth. That said, we jumped 20% off the back of approval in Singapore. Surely approval in a larger market would have a similar effect (even if only short term)?
Seems like a sensible set of milestones. There seemed to be a lot of talk mid last year about US approval being Q1/Q2 this year. That said, news seemed to have dried up over the last few months. Would love to see full commercial approval in the US this year
Agree Admiral70. SP currently just over NAV after a nice move this morning. SP peaked last year at 2x current share price at, with the NAV much lower. There has been more cash raised and more investments made since then. Realistically, there must be a good chance of getting back to last year's peak over the next two years. 100% return is not to be sniffed at
Surely you're not suggesting that this is the end of the game HivedOff? Nothing has fundamentally changed with ANIC (other than a couple of positive investment announcements), with the dip being caused by larger market forces (inflation, war, etc). We've still got some time to wait before the tide turns, but turn it will :)
And there was me thinking I'd got carried away with the amount I'd sunk into ANIC! Love the boldness of the move ChrisofLondon!
Re the IP position, I couldn't agree more 100Cups. As an in-house patent attorney for a large pharma company, I can't overstate the value that the proprietary IP will bring to this space. I look after our advance medicines unit (gene therapies, cell therapies, etc) where manufacturing IP and first mover advantage is key to success in the space. I believe the same will hold true for cell-ag/PF and in turn ANIC
Appreciate the alternative perspective RWT2, but I think you may be comparing apples with oranges in your assessment. Although there are 10000s of food produces, there are only ~200 cell ag/precision fermentation companies of which, as you say, ANIC are invested in 15-20. As we all know, the whole investment premise here is based on a disruption to the current paradigm i.e. the rapid increase and adoption of cell ag and precision fermentation in (primarily) the food industry. The success and/or failures of the 10000s of non-cell ag/PF food producers are just not relevant, in my mind, in any assessment of the potential upside for ANIC
https://www.fool.co.uk/2021/12/14/im-betting-on-this-uk-biotech-share-growing-over-4000/
Thanks Flundra and Lakesidetrader for the HL information. Do you happen to know if there's a specific process from moving the warrants from an ISA into a Fund and Share account, or is it taken care of behind the scenes?
Have a look on https://agronomics.im/investors/ under the "Analyst Research" section. It's the most recent posting on there.