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.
Standard Bull hammer drawn on the 100 MA indicates continuation of the norm,
Expecting long till 15000 > 15300 resistance,
Then a wait for the trigger,
Success or failure of debt ceiling crisis resulting in a bull or bear run.
Yields are continuing to soothe and haven't shot up overnight due to Asian / European markets.
Expected hard crash doesn't seem to be materialising.
NQ holding steady in range.
Still more room for downward movement pressure release within inverse model to 12600.
Possible Inverse Head and Shoulders forming indicating reversal of down trend over the last month...
