AJX 0.00% 0.8¢ alexium international group limited

AJX Chart, page-387

  1. 1,083 Posts.
    lightbulb Created with Sketch. 864
    Just a little observation ....

    ... I have a few stocks on my watchlist and was looking at one which I haven't looked at for a while ... NAN or Nanosonics which is involved in the disinfection and sterilisation of medical equipment.
    I was surprised to see that their market cap was a healthly $630 million

    Then I looked at their new and latest March 4c and see that it looks like they have just had their first cashflow positive quarter with Sales of $12m and being cashflow postive by $2.4m
    I also note that YTD (9mths) they have sales of $25.7m and remain in negative cashflow by $1.4 m.

    Just thought I'd highlight it in light of where Alexium is and could be ...
 
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