AJX 8.33% 1.1¢ alexium international group limited

Ann: Appendix 4C - quarterly, page-216

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  1. 1,287 Posts.
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    Unfortunately there will be another capital raising in my opinion. Growing companies need cash and its still not cash flow positive with only $3.4M in cash. I believe the weakness is stemming from the fact the capital raising will be announced shortly. I like the fundamentals of the company however and believe it has a bright future but one also has to remember that the early days will show fairly lumpy revenues
 
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