AJX 0.00% 1.3¢ alexium international group limited

Market Sensitive Notice, page-133

  1. 2,080 Posts.
    Hi aussie,

    This is from Dirk out of the 10-3-16 announcement.

    “As with any growing company, our revenue forecasts involve rate step changes month on month such that the revenues build during the course of the year as we fulfill rising sales orders,” stated Dirk Van Hyning, President of Alexium. “While we will continue to see quarter- on-quarter growth, a significant fraction of our revenue will be received in the lader half of calendar year 2016 as sales complete, underpinning our baseline forecasts made in December 2015.”

    My take on this is that the big revenues will come later in the year so I'm not getting over excited about this quarterly and the half yearly releases.

    There will be revenue growth but no wow factor for this period IMO.
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.