AJX 8.33% 1.3¢ alexium international group limited

Ann: Appendix 4C - quarterly-AJX.AX, page-140

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  1. 2,529 Posts.
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    They could still be break even. As of the 30th June cash coming in is equal to or greater than cash going out. Cash going out per quarter is around $3m, so $1m needs to come in in July. If targets of $18m by year end is met then it is quite likely the company is cash flow neutral as I write. If it was going to show up in this 4c then they would have stated it to happen before 30th June IMO.
 
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