AJX 9.09% 1.0¢ alexium international group limited

Hi blommer, good to have you back! Just a quick question, did...

  1. 2,080 Posts.
    Hi blommer, good to have you back!

    Just a quick question, did you listen to their webinar the other day?

    You've posted before that you post stuff sometimes just to provoke discussion.

    If you've listened to the webinar they're talking about possibly being CFN for June, July and tracking for August as well (which was only a few days short of the end of August), if you read the webinar threads you'll see some stated it's possibly 3 months or the equivalent to a quarter of being CFN.


    "They aren't expecting to be CFN for the current quarter as they are refinancing their debt facility as of tomorrow which they claim will be used to add additional capital - enough to increase their finance costs in spite of the reduced interest rate. Maybe equally strong an argument is that if they were expeting to be CFN again they would be shouting it out loud anyway."

    I would have to disagree with these comments on the released information this month!

    cheers.
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