AJX 4.35% 1.1¢ alexium international group limited

looks like pain before gain, page-12

  1. 2,454 Posts.
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    Hi Lefevre

    How much did Rezo's spend buying the business? Surely it wasn't much at the time - especially considering he boyght it from a financially distressed fund. Most of the 'valued-adding' product development has happened over last 8 months.

    I dont mean to be over critical on the guy but he comes from a very high position in investment banking. So his investment may just be loose change - I hope not. Needless to say, good to see he put some coin on the line

    Cheers
 
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