AJX
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0.00% 0.8¢ alexium international group limited

Ann: June Shareholder Newsletter, page-33

  1. muppet655
    3,740 Posts.
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    07/06/17
    14:40
    Post #: 25151157

    How are you coming up with such large Q2 figures?

    If cash flow neutral on a run rate basis at the end of that month with a monthly cash burn of around $1 million means recurring revenue at 40% margin of only $3 million ish.

    I cannot see how Q2 receipts can be higher than $8 million.

    Happy to be proven wrong.
    AJX Price at posting: 53.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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