An updated valuation of 55 million added to 62 and 82 million (assuming uptake) of fund raising brings ANIC's valuation up to £200 million **before** they have invested the cash. Bringing the P/B (market cap vs NAV) ratio down from 5.5 to less than 1.
For reference hype outliers like Tesla have peaked at a P/B of over 66.
This week the USDA awarded a $10m grant to TUFTS university to accelerate cell based meat through establishing the National Institute for Cellular Agriculture. My suspicion is that the FDA will allow the commercialization of cell-based seafood on the market at the end of the year.
My expectations of $ANIC are high.
Reasoning:
- With the small market cap there is a lot of upside potential.
- Investments in the field of cellular agriculture are growing exponentially.
- $ANIC is the only way to invest in this field as a retail investor.
- Cultivated products and materials play into the needs of consumers in regards to sustainability, health...
Winston Churchill: "We shall escape the absurdity of growing a whole chicken in order to eat the breast or wing, by growing these parts separately under a suitable medium."
We're at the start of a monumental shift in agriculture. Meat/dairy/eggs no longer have to come from animals. They will be cultivated in the lab. Cultivated meat can soon be found in grocery...
LSE:ANIC IS FORMING A BULLISH PENNANT FORMATION. a BREAKOUT FROM THE PENNANT IN CONJUNCTION WITH A MOVE ABOUT 14.50P INDICATES THE NEXT LEG HIGHER TO NEW ALL-TIME-HIGHS.
