Petra Capital has initiated coverage of Alexium, page-54

I put up a post saying management should be congratulated on listening to shareholders, you posted the following.


"It still has to be believable though. Recurring revenues of 2 million a month added onto $11.4 mil for December is still higher than what they've forecast."

Who forecast the revenue and who put out the totally independent report, don't combine the two, also the revenue you speak of isn't so black and white for the last quarter, see my post below for reasons why.

https://hotcopper.com.au/posts/23735193/single

I now fully believe our recurring revenue is $2 mill plus per month from at least the start of this quarter, however I agree there is certainly a difference in what the two entities have said, one is a forecast and one has been announced after the fact (or at least it seems that way), the other thing to watch is what the independent says in relation to things such as revenue, these guys can do their own estimates on that type of stuff but for things like margins they would have to ask Alexium, so while the two entities are separate and some estimations are solely the work of the analysts, some information such as margins will be from Alexium as they would find it impossible to predict margins in an evolving growth company (the analysts), one reason being something as simple as the price of bulk chemicals compared to smaller orders, it's now being said we're saving greater amounts due to larger quantities of bulk chemical purchases, that alone could possibly double your margins and this is only a very new saving according to recent announcements.

Just don't confuse what information comes from whom!

Cheers