AJX 0.00% 0.8¢ alexium international group limited

Ann: Alexium Commercial Update, page-43

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    I think the next quarterly might not be taken to positively by those who don't spend much time understanding the bigger picture. In the last quarterly they forecast for the upcoming quarterly (just ended September) expenditure of US$3.261mill with the difference being a 70% increase (US$1.7mill) in product manufacturing & operating costs (increased product manufacturing) and receipts surely won't cover that so quarterly loss may be the same or more than the previous quarter.

    But, from the bigger picture perspective, this increased product manufacturing cost is a sure sign that profitability is near. End of 2019 is the current quarter.
 
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