AJX alexium international group limited
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AJX may become capital constrained as it ramps up production

  1. boc1986
    1,795 Posts.
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    05/04/16
    18:09
    Post #: 17428751
    "AJX may become capital constrained as it ramps up production"
    Just quoting the "Independent" analyst...even they could not help but notice the need for a massive CR
    They would not have stuck that note to cover their backsides without a reason.
    Also a valid reason why AJX needs to pay an "Independent" broker to ramp up SP, as they are fully aware of the imminent need for a massive CR for all the "scale ups".
    Companies confident of cashflow, and able to grow using their own funds don't need to do this.
    Good company but way overvalued at the mo...profitability and share value dilution the biggest risks .IMO..
    DYOR
    ..
    Last edited by boc1986: 05/04/16
    AJX Price at posting: 71.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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