For instance I see ICL Group spent $55m (2017), $73m (2016), and $74m (2015) on R&D alone over the last 3 years – maybe instead of some of that spend on R&D the money could be better spent on acquiring someone with some already to go eco-friendly, tested and complaint FR and cooling chemistry …
For big companies already selling millions into the FR sector, it might not be a big task converting their existing hazardous chemicals sales over to Alexium chemistry and maintain or grow market share or risk losing it as their hazardous chemicals are phased out.
It's a potential risk for AJX at these low prices/marketcap
AJX Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
