XAO 0.77% 8,633.1 all ordinaries

Short Term Trading Weekend Lounge: 25-28 Jan, page-95

  1. 6,170 Posts.
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    STTCOMP AEB, TA LONG

    MarketCap $10.72M
    Shares 907.86M
    SP $0.009 

    Overview

    Affinity Energy and Health Ltd, formerly Algae.Tec Ltd, is an Australia-based plant-based health and wellbeing company. The Company is focused on developing technology to produce commercial quantities of algae and medicinal cannabis. It focuses on four markets: medicinal cannabis, algae-basednutraceuticals, animal feed and aquaculture markets and biofuels. It operates afacility in Atlanta, which produces algae species, which includes Athrospira(Spirulina), Chlorella, Dunaliella, Nannochloropsis, Haematococcus andSchizochytrium, to both the nutraceutical and aqua feed markets. FeedMe is its algae line of products. Spirulina is its natural algal powder and is a source of antioxidants, B-vitamins and other nutrients. The Company utilizes algae to produce biofuels at its Reliance Plant in India.

    Nice volume. You don't have to like the company or the management to make money trading the stock. Let's see how it goes this month.

    https://hotcopper.com.au/data/attachments/1421/1421324-8a396e04cdaa5b42831238d38b11c971.jpg
    Last edited by Wazza3006: 29/01/19
 
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Change
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