AJX
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0.00% 1.1¢ alexium international group limited

It's great to see that no capital raising was needed for working...

  1. Jasmin
    417 Posts.
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    30/01/17
    13:20
    Post #: 22215617
    It's great to see that no capital raising was needed for working capital. No a bank loan was needed instead lol.

    $3.6m negative cash flow for the quarter. Good lord how much revenue does AJX need to make to become cash flow positive. $40m and still no sign lol. Who woulda thunk me punters

    $10m outgoing just next quarter, no doubt that will climb on its ever increasing trajectory.
    AJX Price at posting: 69.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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