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.
Trade ativo
22p floor was stopping the share price from reaching technically 'oversold,' when it finally broke it triggered a buying spree, currently pushing against the 28.5p resistance. News expected to push it through by the end of the year.
Long term hold continues.
Trade ativo
Finally broken through the 28.5 resistance, expecting a push over the next week and then either a retest or a continuation depending on the pace of news. Lab Meat in supermarkets will be the big trigger for hype parabola.
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