The December Newsletter indicates that for CY2016 top line sales are 12x the corresponding CY2015 figure.
Nice summary but after the past confusion by them in announcements of the difference between revenue and cash receipts I wouldn't be laying my hat on this assumption. If $18mill is correct it's a pretty good effort but long short of the minimum baseline figure of around $24mill they forecast. For a long period of the year the expectation created in my view was of a figure significantly more than that. And I think that's what (potentially unfairly) is influencing the current share price.
AJX Price at posting:
52.0¢ Sentiment: None Disclosure: Held
