AJX 10.0% 1.1¢ alexium international group limited

Ann: Shareholder Newsletter-AJX.AX, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 318 Posts.
    lightbulb Created with Sketch. 93
    Considering a lot of people were asking about how long it takes for Alexium to take payment, this might be insightful:

    "... shortened the sales cycle with existing customers ... For example, the total sales cycle of Alexicool is now just six months."

    I believe this suggests that it previously took more than 6 months to sign up a prospect to full production. I'm not sure what step of the cycle purchase orders are, but I remember Alexium was doing a lot of trial runs for prospects. If it took potentially half a year for those trials to turn into a contract then we obviously have a big delay. That might also explain why majority of revenue is coming in the second half - because of this delay.
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.001(10.0%)
Mkt cap ! $17.31M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $330 30K

Buyers (Bids)

No. Vol. Price($)
1 758441 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 241382 1
View Market Depth
Last trade - 11.00am 01/11/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.