AJX 0.00% 0.8¢ alexium international group limited

Ann: Trading Halt, page-125

  1. 5,515 Posts.
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    I agree with you on this, HOWEVER, I do feel the cash positive quarter was contrived by way of running down inventory.. Seb Taylor was right on that one, imo, and the same was possibly true for June.. So yes, they should be ramping up & need working capital for "rebuilding" inventories.. And yes, they should start to make profit sometime in the next few quarters.. BUT, still a lot of bs coming out from management..

    What also annoys me is the announced "headwinds" in the qr, versus "tailwinds" in the following announcements.. Those "headwinds" destroyed a lot of investor confidence & dropped the share price considerably.. So are the "tailwinds" to be believed. I don't know tbh, but if they had announced the "tailwinds" at the same time as "headwinds" maybe they'd be getting more than 35c for all those shares.
    Last edited by elzephyrus: 07/12/17
 
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