As has been stated by me and many others on these threads, the next couple of quarterlies were never going to be all that exciting due to the inherent lag from initial customer interaction to steady state revenue.
This isn't a dig at you @Browiththemo but people need to stop looking at where the next footstep is going to fall and start looking a little further up the road.
This announcement (IMO) renders the next two quarterlies irrelevant, the company has confidently stated cashflow neutral July 1st - that is an utterly jaw dropping achievement in such a short time frame.
Then consider the growth trajectory achieved to become cash flow neutral so soon, fast forward a few more quarters and solid free cash generation and the reality of dividends or more likely even more aggressive growth appear.
Those who can't see where this company is now headed and getting bogged down in the next few 4C's have no clue about this end of the market IMO and how companies transition from speculative to growth/profit and have no business investing in this type of opportunity (more is there loss). Sure I have a much bigger risk appetite than most but can't understand negativity based purely on lagging financials when company guidance is so robust.
- Forums
- ASX - By Stock
- AJX
- Ann: Alexium Continues to Grow and Secures more Client Work-AJX.AX
Ann: Alexium Continues to Grow and Secures more Client Work-AJX.AX, page-24
Featured News
Add AJX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.31M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $2.688K | 244.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3333885 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3333885 | 0.010 |
4 | 348888 | 0.009 |
3 | 570000 | 0.008 |
2 | 240000 | 0.007 |
3 | 516888 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 40000 | 1 |
0.014 | 137511 | 2 |
0.015 | 129929 | 2 |
0.016 | 5328505 | 2 |
0.017 | 321118 | 2 |
Last trade - 14.01pm 06/11/2024 (20 minute delay) ? |
Featured News
AJX (ASX) Chart |