AJX 0.00% 1.1¢ alexium international group limited

Ann: Quarterly Activity Report and Appendix 4C, page-24

  1. 3,373 Posts.
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    What people are missing is that company is close to break even without the new tech or socking.

    Socking is a big deal.

    The guys have cut out the costs and got margins up on existing business - once socking layers on and any other business, its going straight to the bottom line virtually.

    This will turn around - however due to dilution, will only get back 50 cents in the prior $1 - depending on what you paid for it!
 
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