AJX 5.00% 1.1¢ alexium international group limited

Ann: Appendix 4C - quarterly, page-62

  1. 837 Posts.
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    I think these shares will get snapped up towards the end of the day.
    I'd say the 500K in receivables isn't a bad result, most of the orders were at the latter end of the quarter so I didn't expect to much to show up this quarter. Companies are still toying around with the product trying to work out their marketing ect so orders will start to build once product hits the market.
    Anyone who has been accumulating over the past few weeks will welcome the pull back as the company seems to be tracking will with ample cash in the back. I also liked the fact that wages haven't blown and they are still keeping a lid on costs.
 
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