AJX 9.09% 1.0¢ alexium international group limited

Ann: Half-Year Financial Report, page-61

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  1. 2,935 Posts.
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    If I recall correctly it was supposed to be $18 mil for the last CY and it came in late once again achieving just $13.5 mil (which is a little, but not enough, more than $11 mil). The $20 mil plus was just the generally unbridled optimism of the AJX threads. $20 mil should be more than a shoe in for the FY now though.
    Its these missed targets that prevent the market reacting positively to their 30% margin claim today, which with revenue climbing as it is would make next half a maiden profit. Unfortunately AJX's story has a similar plot to the boy who cried wolf so I'm not counting on it just yet - though I do take heart that in the story the wolf does arrive - eventually.
    Last edited by Blommer: 27/02/17
 
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