AJX 0.00% 1.3¢ alexium international group limited

AJX Research Reprt, page-42

  1. 33 Posts.
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    So far this stands out to me...

    "AJX’s sales pipeline (trial customers) is ~10x the size of its list of “won” clients"

    Nice.

    But then this....

    "In our numbers, we have assumed that AJX converts 1 trial customer into a revenue generating customer per year."

    Seems overly pessimistic based on the conversion rate to date. Are they just leaving room for a LOT of upside???
 
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