AJX
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9.09% 1.2¢ alexium international group limited

Quarterly loss, page-18

  1. makattack
    34,916 Posts.
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    25/10/19
    17:09
    Post #: 41071930
    Think they'll do significantly better than a net cash outflow of $1.8mil.

    Their forecast cash outflow for the September quarter was $3,261million, quite a bit higher than the June quarter of $2.584mill (majority related to production cost increase). I'm not expecting an equivalent increase in cash receipts for the September quarter.

    As you say we'll find out next week.
    AJX Price at posting: 10.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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