AJX 0.00% 0.8¢ alexium international group limited

Bedding includes sheets, bedclothes etc. Fragmented means...

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    lightbulb Created with Sketch. 79
    Bedding includes sheets, bedclothes etc. Fragmented means 10,000's of suppliers. Retail is maybe 200-300% wholesale.

    On the Ann: the first bullet is nowhere in the Ann, the second bullet point "more than $5m" refers to the "PCM bedding market", the third bullet point also in what AJX can expect as share. The Newsletter clarifies this.

    It's still good news!

    I am outnumbered and the newsletter didn't agree - you're right pedantically - but it certainly clarifies and supports the interpretation that this contract opens market to a $5m segment and is not worth $5m itself.

    GLTA.
 
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