AJX 0.00% 1.2¢ alexium international group limited

Ann: Trading Halt-AJX.AX, page-228

  1. 3,740 Posts.
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    The road is wide open now, no CR/cash reserve concerns to hold it back, indeed the tiny raise is just another bit of evidence that the company will be able to survive on its own business revenue soon. That said, it won't be "smack you in the face with a kipper" obvious to many until the accountants say it's happened in an audited account, so I don't discount a few more months of silliness on the exchange especially in the run up to the quarter which closed at the end of March. Why looking in the rearview mirror and weighting what it shows above a company announcement stating $24 million minimum revenue, cashflow neutral <3 months and end of year run rate around $40 million makes no sense to me, but the refuseniks will certainly try and make the argument...
 
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