Ann: Trading Halt-AJX.AX, page-159

This is the worst day of Alexium posts I have ever read in 18 months. Several people here should not be in the share market; you do not understand business; including why businesses list on disallowed (primarily to access capital so they can develop and grow), how businesses are funded, working capital, cashflow, financials, business strategy, even basic accounting (like someone today saying that Alexium would only be cashflow positive in July because they are doing this CR!!!)

No, this CR is being done, I am sure, to BRING FORWARD revenues and ensure the scaling that is happening in front of your eyes is achievable and SUSTAINABLE. Once the financials are looking good, which is not far away, they will probably use some debt, which is very important (if anyone says debt is all bad, sell your shares and go back to school until you understand how funding works).

One of the things I have always liked about the business model is the use of toll manufacturers to achieve scale. I don't like investing in companies that invest in capital-intensive manufacturing; I've ejected a few stocks for trying to be vertically integrated - it rarely makes sense and slows growth. Toll manufacturing; you supply the raw ingredients (the "oh-so-drastic" increase in COGs, which again few actually understood) and they will take a small clip to blend and distribute loads of the stuff. Also, they have the production line to be able to handle new formulas; send them the specs and they dial in the machines to produce a new batch of (awesome) goop.

This is a very big announcement in this business strategists eyes - it's another signal that things are about to go ballistic (outside of the goldfish bowl where some posters appear to live).

Have a great night