AJX
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0.00% 0.8¢ alexium international group limited

Ann: Alexium Wins USD$5 Million Multi-Year Sales Agreement-AJX.AX, page-226

  1. Gusman1974
    2,525 Posts.
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    24/05/16
    21:57
    Post #: 17856462
    And around and around we go.
    My take on it is AJX have a minimum of $5M USD ($7M AUD) coming in from the PCM bedding market per annum starting before 30th June 2016. This figure is a minimum and this minimum is expected to "expand rapidly", so from this small market alone I would expect $10M AUD for CY 2017. With 60 to 100 sales people also chipping in, $100M AUD for CY 2017 is very realistic.
    AJX Price at posting: 63.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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