AJX 4.35% 1.1¢ alexium international group limited

Ann: Appendix 4C - quarterly, page-48

  1. 2,515 Posts.
    lightbulb Created with Sketch. 172
    Why such a emphasis on cash flow positive? the numbers are not exploding in a way that justifies the market cap. I hold a share with nearly identical numbers (if anything slightly more cash flow positive last quarter and revenues increasing) and guess what the market cap is? about 1/10th of AJX in fact revenue is higher than market cap. AJX' MC is high because there is the belief they have products that are disruptive, at the moment they are struggling to deliver serious growth in revenues adding questions to how disruptive they actually are and therefore it could be painful tomorrow (I hope I am wrong).
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(4.35%)
Mkt cap ! $17.18M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $169 15.4K

Buyers (Bids)

No. Vol. Price($)
3 96350 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 2538461 2
View Market Depth
Last trade - 09.59am 16/07/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.