AJX
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0.00% 1.0¢ alexium international group limited

Ann: Appendix 4C - quarterly, page-40

  1. oldtimer2
    1,232 Posts.
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    26/04/17
    10:35
    Post #: 24264024
    They dont have a genuine cash outflow, merely one brought about by ramping up, so if orders expand massively they could factor the sales or seek an increase in line of credit - I really cant see a diluting issue is on the cards at this juncture. Perhaps if we were at 89c yes, but not at 53c.
    AJX Price at posting: 51.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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