AJX 9.09% 1.2¢ alexium international group limited

AJX Research Note, page-6

  1. 3,740 Posts.
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    So a conservative target in four years of $90 million EBITDA... 310,000,000 shares PE of 25 seems entirely reasonable. SP of $7, that sounds barely believable, have I got my maths wrong somewhere? I know brokers are there to push the stock but that seems even more upbeat than pinto... If NC can nail (or exceed) that $10 million target for this year and US awareness increases the SP should start to get far more forward looking?
 
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