AJX 4.00% 1.2¢ alexium international group limited

Trade receivables down $80,000(6 month period)Trade payables up...

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    Trade receivables down $80,000(6 month period)
    Trade payables up $620,000
    Inventories shrunk $150,000
    Capitalising costs of another $320,000 into the questionable intangible assets...........

    We soon realise, AJX is far from cash neutral.......

    However this will put further pressure on future cash flow reports........throw in warnings of historical slower periods and the result will be another poor 4c!

    Do you really expect anything else?
 
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