AJX
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0.00% 1.1¢ alexium international group limited

AJX Research Note, page-2

  1. splitview
    1,505 Posts.
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    26/05/15
    10:05
    Post #: 15350131
    CY2015 estimates already doubled.

    Their conservative 13% in 4 years is ~US$250m in annualised revenue or US$60m NPAT.

    As noted just defense could be US$250m.

    60m NPAT x 40PE/ 320m shares = US$7.5 or AUD$9.58/ share.
    AJX Price at posting: 54.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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