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clock Created with Sketch. 13/12/17
08:17
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Originally posted by Blommer
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If AJX are doing a CR it greatly increases the likelihood that they will not be cash flow positive again this quarter and/or the next, which already seemed likely given their reduced expectations on the last 4c. Its simple accounting that if they need to boost their financing cash flows via CR that it must be because operational plus investing cash flows are expected to be negative.
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Bloomer, well said. Best post I have read in the last few years on Ajx. ( without a business background to be able to back it up, your post fits perfectly into the growth stage Ajx is experiencing, in my understanding).
