Yes exactly my thoughts. Q2 was forcasted to be slow down due to seasonality.
Reading more, Alexium seems to be in a great position moving forward, margins continue to increase & pounds shipped to customers also increasing.
They seem very, very confident of a strong bounce in the next quarter. Tomorrow may be blood on the streets so it may be an excellent time to buy moving forward.
Loved the end part also.
"Alexium will continue to grow its top-line from the result of Q2 to record revenues with average margins
exceeding long term targets. Success in military, bedding and new business realized from CPSC-related regulations (which necessitated the capital raise) are not included in those growth projections and provide significant upside potential."
AJX Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
