AJX 8.33% 1.1¢ alexium international group limited

Ann: Facility for US$3M/$5M Line of Credit Finalized with Alterna, page-12

  1. 3,370 Posts.
    lightbulb Created with Sketch. 137
    I think Alexium has a few major customers that pay well so this facility should work well.

    In time they will revert to more traditional lending at much lower rates - maybe 12 months with trailing EBIT.

    What we need is another record quarter on all metrics - despite bedding slowing down, they seemed comfortable they could achieve this.

    For me it was always June onwards this year when many products layer on - Socking and further progress with Eclipsys.

    Military for me would be a 2023 story and if it did drop on top of a run rate of $30m per annum come December, the company would sky rocket.

    Again Colinton and Wentworth need this win!
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $17.18M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $9.226K 838.7K

Buyers (Bids)

No. Vol. Price($)
6 9710099 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 66845 1
View Market Depth
Last trade - 15.45pm 24/05/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.