AJX 8.33% 1.1¢ alexium international group limited

Ann: AJX Business Update, page-5

  1. 832 Posts.
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    Probably because the 55% increase in sales only moves the needle slightly as the same time period last year was so bad. Also, what happened to pine belt???? are we still in cahoots with them or is the whole process starting again. I also don't understand the point of a trading update short of a large contract being secured as the quarterlies are a more appropriate place for commentary on sales. Otherwise its same old same old, they need growth of 55% per quarter not per half to really show some growth. To be honest, if this is truly ground breaking tech we should be seeing growth in the 200's %.
    I've been in and out of this stock a long time but I'm still watching to see if they really have something before I dip back in or it needs to go a lot lower to remove the risk.
 
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