AJX 0.00% 1.0¢ alexium international group limited

Ann: June Shareholder Newsletter, page-37

  1. 3,373 Posts.
    lightbulb Created with Sketch. 138
    I think best to err on the side of caution - don't get carried away - if they can hit $8m revenue or roundabouts for the quarter and keep a lid on costs. run rate margin of 40% minimum and then land another couple of company making deals.

    2018 is where the real momentum will hit - i would suggest revenue of around $50m and increasing from there.

    remember these guys still have to regain credibility - like any small cap, they had to fake it till they make it over the last few years - not they are getting serious traction.
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.