AJX
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5.00% 1.1¢ alexium international group limited

Ann: Trading Halt, page-166

  1. gsad1000
    5,998 Posts.
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    07/12/17
    15:57
    Post #: 29459000
    Yeah thats the sort of figures I was thinking about. Assume that we still had around $9M in the bank in Nov 17 (cash neutral Oct?), why grab $12M usable cash?

    Is there a large order with a cashflow gap coming?
    Is cashflow lumpy and needs smoothing out?
    Is there some sort of target we need to meet to achieve a goal?
    AJX Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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