AJX
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0.00% 1.0¢ alexium international group limited

Ann: Letter to Shareholders - Upcoming EGM, page-124

  1. Taurean7
    1,769 Posts.
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    09/04/18
    12:43
    Post #: 32317297
    The December Half-Yearly shows current borrowings of $0.23M and non-current of $11.06M (total $11.29M). Total Equity was $10.21M, which increased to $14.91M with the $4.7M raised through the January SPP.

    The debt/equity ratio at the beginning of 2018 therefore was 68%. Not an abnormal figure by any means.

    (Sorry to introduce facts into the forum, guys)
    AJX Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 10  Great analysis
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