AJX
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0.00% 1.1¢ alexium international group limited

Dirk, page-27

  1. YStrategy
    10,917 Posts.
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    17/03/17
    20:13
    Post #: 23443701
    Well the cash burn was $1 million being the fixed cost because they made no margin on the $11 million sales.So if the fixed cost is $1 million less the current cash burn of $550k.This gives margin of $450k on $2 million sales or 22.5% gross margin percentage simple maths.
    AJX Price at posting: 55.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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