AJX 0.00% 1.1¢ alexium international group limited

Ann: Response to ASX Appendix 4C Query, page-30

  1. 1,075 Posts.
    lightbulb Created with Sketch. 835

    Their manufacturing costs to receipts have been running at about 35% in the 4cs - so if they have projected manuacturing costs of 1.7m that could mean about 2.7m in receipts so whilst not operating cash flow positive they could be showing negative cash outflows of only a couple of hundred thousand at end march.

 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.