AJX 0.00% 1.2¢ alexium international group limited

Why do we do this to ourselves?, page-17

  1. 5,507 Posts.
    lightbulb Created with Sketch. 326
    Btw, on "cash neutrality" (which I take to mean cash in = cash out)..

    Going back to my very rough calcs for where I think the business might be at the moment, I would be expecting recurring revenue from June of approx $4m per month.. And I have May at around $3.5m..

    Now since cash lags revenue (& outgoings) - ie. May revenue = June cash (as a very rough guide), then on a run rate basis (if we are cash neutral in June), then June outgoings should approx match May cash receipts.. And on a revenue (orders) basis we may have actually made a small profit in June (revenue booked vs cash out)..

    But of course this is all very simplistic & we don't know on what basis the company has come up with this idea of cash neutrality, or what the lag is between revenue booked & cash received (or bulk chemicals bought & paid for)..

    So take this all with a grain of salt please
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.000(0.00%)
Mkt cap ! $18.74M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 334317 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 100000 1
View Market Depth
Last trade - 16.12pm 05/07/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.