AJX alexium international group limited

Ann: Response to ASX Appendix 4C Query, page-7

  1. 1,947 Posts.
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    I realise everyone here probably wants to jump down the throat of the ASX, but, correct me if I am wrong, I don't think the company has actually answered the intended (first) question

    The ASX has made specific reference to *operating* cash flow. You know, cash flow that relates to the actual operations of the business - goods in, goods out. The company, amid much of a tangent, has largely discussed and incorporated the proceeds that have come from financing activity cash flow (plus the 'range' of its recent quarters operating inflows) and then spoken of net cash flow.

    Furthermore, in the last 'outlook' line, they have specifically said "at the end of the current quarter", and, this can quite easily be interpreted two ways - 1) at the literal end of the current quarter; 2) from the time forth of the end of the current quarter.
    Last edited by Nomadic_Investor: 18/02/20
 
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