AJX alexium international group limited

Ann: Alexium Wins USD$5 Million Multi-Year Sales Agreement-AJX.AX, page-131

  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    The reason they say estimate of over $5 million is that they have an expectation of converting their trial clients into ongoing revenue, hence the use of the word estimate.

    I have a different explanation for the use of 'estimate'. In my view the amount of revenue will depend on the number of sales of beds. The estimate of over $5mill is an estimate based on the number of beds the bedding company thinks they will sell in a full year using Alexium technology. So whilst they can't give a bonafide 'to the cent' amount, they certainly can give a pretty accurate estimate of expected sales based on history.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $11.10M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $1.45K 207.1K

Buyers (Bids)

No. Vol. Price($)
1 292803 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 3237282 5
View Market Depth
Last trade - 12.03pm 16/07/2025 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.