Taken on some of your points but constricted market?.Don't follow
If anything the market isn't constricted for Ajx There is little or no constraints in my book as being proved daily ..AJX have the only product on the market that can service various outlets including military and commercial etc. Disruptive technology that will turn the FR community on it's head and the profit margins will come with it, If your the only game in town i can see 35% being realistic.
Regards
Hindsight, page-185
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