I agree with your points but we may not even need to be cash flow positive.
Just revenue confirming what the contracts are suggesting.
Cash flow positive is over-rated. If the company begins expanding (let's say because their push aggressively into a construction sector) and their R&D and hiring doubles, they could well be cash flow negative for quite a while yet.
What we want to see is increasing revenue that 'proves' the contracts are resulting in sales. It's one thing to get a name on a piece of paper, but it's a lot better when the cash is in the bank.
- Forums
- ASX - By Stock
- AJX
- Fundamental Analysis of Alexium (Report)
Fundamental Analysis of Alexium (Report), page-34
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJX (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.62M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $15 | 1.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1407861 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 205736 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1407861 | 0.010 |
2 | 700000 | 0.009 |
3 | 516044 | 0.008 |
1 | 200000 | 0.007 |
2 | 378000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 205736 | 3 |
0.012 | 475413 | 2 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
0.015 | 1200 | 1 |
Last trade - 15.11pm 15/08/2024 (20 minute delay) ? |
Featured News
AJX (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online