Some fair points, thanks. The difference with the auditors statement this time is that they are questioning a carrying value that is significantly higher than their remaining equity.
Being EBITDA positive is what they need, though I’d refine it to EBTDA without the I, given their low equity.
Until then I’m high skeptic they can try the debt refinanced. A cap raise before then would see significant loss of value for current shareholders too imo, likely being at a significant discount to current valuations as is common for specs.
- Forums
- ASX - By Stock
- AJX
- Ann: Alexium Commercial Update
Ann: Alexium Commercial Update, page-105
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJX (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.62M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $2.091K | 209.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1141370 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 136245 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1141370 | 0.010 |
2 | 700000 | 0.009 |
2 | 182600 | 0.008 |
2 | 533444 | 0.007 |
3 | 628000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 136245 | 2 |
0.013 | 240000 | 1 |
0.014 | 564269 | 2 |
0.015 | 1200 | 1 |
0.017 | 15000 | 1 |
Last trade - 15.06pm 06/08/2024 (20 minute delay) ? |
Featured News
AJX (ASX) Chart |