AJX 0.00% 1.0¢ alexium international group limited

Just steadily chugging along as usual ... Will update my model...

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    Just steadily chugging along as usual ...

    Will update my model later. Have a few little things to add as well anyway. All positive. Rarely hear anything negative for this company ... FYI this is a revenue upgrade for this contract:

    1. May: Purchase order from customer in home furnishings market. This contract was upscaled, but I will use initial indicative revenue figures and incorporate the upscaling into the margin of safety.
      • Indicative annual revenue of $3m-10m (assumed to be USD, consistent with previous announcements).
      • Product rollout in less than 90 days (announced on 14/5/15), revenue to begin in Q3.
    Upgrade to $5m-15m
 
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