AJX
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0.00% 0.8¢ alexium international group limited

...what I get out of the newsletter is that management is...

  1. Pardner
    1,821 Posts.
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    03/05/17
    10:44
    Post #: 24433215
    ...what I get out of the newsletter is that management is telling the market it is trying to avoid a capital raising. The March 4C showed a cash balance if $6.4 Million with operating expenses of $9.7 Million forecast for the June quarter (this ignores sales of course). Working capital is the issue for me; how do they fund debtors??
    AJX Price at posting: 50.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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