AJX 8.33% 1.1¢ alexium international group limited

Yes we have some positive movement:"Alexium has added a sales...

  1. 538 Posts.
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    Yes we have some positive movement:

    "Alexium has added a sales agent in Europe to develop opportunities in the European, Middle East,
    African and Asian markets and that addition has already led to multiple new opportunities.
    Product development and testing efforts continue with two additional tactical vest producers,
    both of which sell large volumes to law enforcement and civil servants."

    and

    "Outlook – FY24
    Alexium remains focused on delivering profitable results. The team will utilize contracts to secure
    supply terms with both customers and vendors. New external legal counsel has been retained
    that is focused on supporting management in negotiating favourable terms. The Company will
    continue to patent protect its intellectual property and seek opportunities to license that IP in
    successful supply deals.
    The outlook for the 2024 Financial Year is bright. The team has come together and is well aligned
    around the strategy and business plan. We anticipate a year of meaningful pipeline, revenue,
    customer, and product improvements, with potential for some large new projects in the 2024
    Financial Year."

    Once again, the emphasis is finally commercial in nature. This is showing signs of hope.
    I bought back a tiny position to keep a finger on this. If they do come good, the returns could be useful from these price levels.

    DYOR CW

 
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