AJX 0.00% 1.1¢ alexium international group limited

Ann: Appendix 4C - quarterly, page-88

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  1. 5,669 Posts.
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    My issue really is that shareholders who can at best state that because of past behaviour a lot of the trust relationship needs rebuilding should at the very least be given enhanced disclosure. They could clear this all up by disclosing working capital movements. They will state that that gives competitors an advantage but really there are so many moving parts that it would be hard to identify the gross margin given their continuing investment in military and other innovations.

    My point being that shareholders should start demanding more from management.

    I have been around long enough for my cynicism to come to the fore. Most players are fully aware of competitors costs and can get pretty accurate, especially if the item is patented and chemical based.

    I just feel that like exploration companies, management provide all the marketing blurb when they want our money but don't disclose anywhere near what you would expect after they have got the money. I ultimately lost money in this stock and loved the tech behind it but really I feel we were all taken for patsies in the past. With projections that , in my opinion, must have been in the 1% chance of happening. Unless our attitudes change , management wont and we will continue to get inadequate information.

    If there is to be quarterly reporting then it needs to have more information like other countries.
 
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