Sufficient capital for achieving profitability: The Group monitors and manages its resources to ensure there is sufficient capital for achieving profitability. Based on the Group’s revenue forecasts and budget, the Board is confident that the Company is sufficiently capitalised. Periodic reviews are conducted to evaluate this on an ongoing basis.
In FY2019, Alexium is committed to:• expansion of Alexicool products in PCM markets for bedding;• application of flame retardant nylon cotton blends for military uniforms;• commercialisation of Alexiflam NF;• further growth of Alexium’s technology;• ensuring a financially strong and stable business through detailed planning, responsible management and
transparency of strategy and outcomes; and• significant growth of the Group’s revenue with reinvigorated sales teams
AJX Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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