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Trading at a massive discount to nav, yet lower and lower it goes every day
Don’t get it !!!
Look at the volumes, there’s barely anything being traded. Just nothing to spike the market’s interest and so it gradually falls lower. One or two bits of positive news and it’ll bounce
Plenty of volume today, but sadly twice as many sold as bought. We're going down down deeper and down. I'm not sure at this moment in time what will turn the tide. "We are on the cusp of the deepest, fastest, most consequential disruption in food and agricultural production since the first domestication of plants and animals ten thousand years ago" according to the ANIC website. It appears to be a very long cusp. I'm just thinking of it as an opportunity to stock up on cheap shares for the years to come. Once Liberation Labs comes on stream next year and some revenue starts to filter through, sentiment will change I hope. The PF companies will kick in over the next 2-3 years and start the rise out of the doldrums.
Lab meat and fish are getting banned across the US, from Florida to Iowa, and they're thinking about it at the federal level. The US want to protect their farmers and fishers. The world's biggest, richest and most influential economy wants to ban lab meat and fish. Where the US heads, the rest of the world normally follows. As things stand, right now it, it wouldn't be a surprise to see ANIC drift down to the 1-3p level.
https://www.independent.co.uk/news/ap-republican-florida-jon-tester-alabama-b2553836.html
This is trading below NAV because the NAV is BS. Does anyone know how they evaluate their assets? How can they value the assets when none of them produce any revenue. There isn't even a market for this crap so how can they say what any of it is worth? Not to mention the stupid deal made with Mellon. That alone would put people off.
True.. I own 1M shares avg prc 14p but can easily see this dropping to 2p… think this is more a 7-10yr play than a 2-5 so I mis-timed..
At 2p a share, the company would be trading for about the value of the cash on the balance sheet. That will diminish over time if they don't monetise any of their assets, but 2p seems excessively bearish to me. Unless you think their whole portfolio is worth nothing.
True - if they hibernate & run down from £10m then that’s 1p.. I’m surprised at how little value the market is valuing the portfolio at - restructuring the Shellbay deal may provide an uptick, then we have the Dec 24 warrants (will expiry be extended again). Only holding looking like it could do anything this year is Meatly (cat food one). Then maybe Liberation Labs next year.
If the US bans lab-meat and lab-fish at the federal (national) level in the 2025-2030 window (as some speculate), then it's hard to see a valuation much more than zero for ANIC. Where America leads, everyone else follows.
I’m not sure that’s necessarily true skier. There are other jurisdictions, south east Asia in particular and the Middle East, where PF and cell ag are already establishing a foothold. Singapore in particular is embracing the new tech and pushing forward. We don’t need to conquer the whole world for ANICs valuation and SP to get to reasonable levels. Meatable look like getting regulatory approval there shortly. Solar foods is already approved and commercialising. Blunalu to follow shortly. That combined with liberation labs coming on line within twelve months and generating a revenue stream should help to turn the ship around
East Coast & West Coast USA won’t ban it. ANIC need to figure out a way to get the SP into the money w.r.t to warrant strike price..
There is no chance the US government will allow itself to fall behind China when it comes to such important and revolutionary technology, opening it up to a position of vulnerability in important elements of its food supply because of swine fever or bird flu. All nations are going to seek autonomy (renewables) when it comes to energy and agriculture (precision fermentation).
I think China has very few in the precision fermentation space, couple of dairy startups I have looked at and has stricter GMO regs than the US, no won't get a jump on ANICs portfolio. I think protein as a food additive has more commercial legs than creating a steak or a piece of fish with less vested interests up against it and ANIC has enough invested in that space to get traction.
The planet does not have enough available water/farmland to cater for a growing population increasingly eating a meat and dairy intensive diet to continue in the current vain. New methods of meat and dairy production will have to prevail just to cater for a growing population/trends. I for one am not worried about the available marketplace for PF and Cell Ag products. These products will end up in foodstuffs and no one will be the wiser of how they were manufactured. The meat lobby in the US will naturally kick back but the world doesn't revolve around the US despite what the US might think.