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1.1¢ alexium international group limited

Ann: Appendix 4C - quarterly, page-88

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gsad1000

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31/07/18

14:10

Post #: 34647302
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Originally posted by happytrader2015 ↑

"...The reduction in sales of an Alexicool® product by a major customer. ..."

The elephant in the room. After years of claiming innovation the boat has sailed. First strike advantage has evaporated and competitors are cannibalising their small market share. First described as "head winds" and then "margin pressure"...; the real dilemma facing AJX is competition. Up against very powerful chemical corporations with billion dollar budgets they needed to strike early to get traction and failed. The cooling effect is a commodity on a mass scale and price always rules.
And then there is the massive debt of $14.326m AUD. They are effectively paying off debt with borrowed money. That's a one way street to desolation row.

And the question no one wants to address....how and where did Dirk actually go? things that make you go hmmmm.

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The cooling effect is a commodity on a mass scale and price always rules.

Not sure if this is correct, when you buy a mattress it costs a bt, so you tend to buy the best you can afford. mattresses are not a commodity, pillows I agree, but not matteresses.

Debt is covered by cash, I think they had to prove that to get any sort of govt contract.

AJX Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $17.31M

Open	High	Low	Value	Volume
1.1¢	1.3¢	1.1¢	$8.95K	812.8K

Buyers (Bids)

No.	Vol.	Price($)
1	109618	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	58333	1

View Market Depth

No.	Vol.	Price($)
1	109618	0.011
2	1059013	0.010
5	2072715	0.009
4	4186222	0.008
3	349012	0.007

Price($)	Vol.	No.
0.013	58333	1
0.015	431158	2
0.017	321118	2
0.018	115942	2
0.019	12500	1

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