AJX 4.76% 1.1¢ alexium international group limited

Listening., page-76

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    Those numbers are all from the company's financial reports, the June 17 4C and the Dec 16 half yearly, so fairly confident in those numbers barring anything out of left field.

    I would agree that there is no doubt the stagnation in revenue may have led to more than a few shareholders selling without looking into the reason behind it.

    I think more than likely the FR sales went backwards in the second half as the company has said that they are no longer continuing with low margin sales. Business model now is to pursue those opportunities through licensing to a third party which hopefully comes to fruition sooner rather than later.

    I guess there's an increased risk again in the company if this strategy doesn't work out but management seem confident enough in it so far.
 
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