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1.1¢ alexium international group limited

Ann: Preliminary Final Report-AJX.AX, page-35

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gsad1000

5,998 Posts.

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31/08/16

11:10

Post #: 18818199
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Originally posted by Dis ↑

As a long term investor, I still have confidence in AJX but this report is clearly a disappointment

Revenue for FY 2016 = $3.40 million (AUD)
Revenue for H1 FY2016 = $1.25 million (AUD)

Therefore: Revenue for H2 FY2016 = $2.15 million (AUD) = $1.6 million (USD)
This is about half what I was expecting.

That means they need $17 million USD revenue in the last 6 months of CY 2016 to meet base case market expectations. If company claims of being on track for this are to be believed, they are looking at a hell of a run rate for Q4 ....

Holding for the long term but feeling troubled!

Sentiment changed to Hold

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I thought the same until I clicked to the production lead times and some other dates that occur in the second half of CY16.....(think US federal fiscal year start on 1 Oct)

AJX Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $17.31M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$3.3K	300K

Buyers (Bids)

No.	Vol.	Price($)
5	2072715	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	133	1

View Market Depth

No.	Vol.	Price($)
5	2072715	0.009
3	4111222	0.008
3	349012	0.007
3	544500	0.006
1	300000	0.005

Price($)	Vol.	No.
0.010	133	1
0.011	768054	5
0.013	240000	1
0.014	134311	1
0.015	431158	2

Last trade - 12.31pm 27/09/2024 (20 minute delay)

AJX (ASX) Chart