AJX 0.00% 1.1¢ alexium international group limited

Hindsight, page-138

  1. 33,593 Posts.
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    Some good discussion on here even if a bit heated, given the MD reckons we will have around $10M in Revenue before the end of the year then it looks good to me .
    I feel Most investors when looking at start ups that have a niche product do not look at earnings .
    The reason we do not look at earnings is because to achieve revenue growth requires imbedding marketing and R and D expenses that are often not amortized for taxation purposes.
    Therefore we concentrate on revenue growth so trying to work out earnings at this stage is premature .

    Be interesting to know if this drop in market cap is going to effect the ability to list this on the NYSE.
 
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