You have used such a simplistic rework of the figures supplied...

You have used such a simplistic rework of the figures supplied that I can't even conjure the words to treat your comments as they deserve.

One can only wonder why you are so insistent on the prospect of a cash raising when they are have made a perfectly normal choice to use debt to support business growth.

One can only wonder at your sneering directed towards the fact that they have not written off a cash raising - and neither should they. What they are indicating clearly and repeatedly is that it is not their preference

As others have pointed out you appear to have missed the fact that revenue has not fallen.

As for the last comment. I'd suggest that if you believe that Alexium has made a blatant lie you do two things - provide proof (and I mean proof in the terms a court would use ) - and secondly lodge a formal complaint with ASIC as that would be a clear breach of the Corporations Act. You could post a copy of what you report on hotcopper as well.

P