AJX 5.00% 1.1¢ alexium international group limited

Not much surprises in here, the ship has turned but the report...

  1. 1,558 Posts.
    lightbulb Created with Sketch. 28
    Not much surprises in here, the ship has turned but the report shows there is still a long way to go.

    Margin at 30% which is good, was probably higher towards latter half of the year.

    They probably really need to look at what they can do about their debt, that interest expense is starting to burn a big hole.

    The trade debtor vs trade creditor balance shows that the last 4C was probably a bit more positive than what it should have been, maybe a few payments held back vs cash received, not by a huge amount however.

    In the end its more wait and see. Its kind of disappointing despite signing the MOU with ICL and deal with Pine Belt that when we see revenues from these are still ???? Either of these could be potentially company making but the uncertainty is just not helping.
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.001(5.00%)
Mkt cap ! $16.40M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $479 46.06K

Buyers (Bids)

No. Vol. Price($)
6 5248052 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 134000 1
View Market Depth
Last trade - 12.12pm 21/06/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.