AJX 9.09% 1.0¢ alexium international group limited

Ann: Appendix 4C - quarterly, page-48

  1. 2,516 Posts.
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    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).
 
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