AJX 9.09% 1.2¢ alexium international group limited

I think it is this exactly that has killed sentiment and SP. We...

  1. 351 Posts.
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    I think it is this exactly that has killed sentiment and SP. We were supposed to have a 10 mil run rate leaving CY 15 which meant that we should have had 2.5 mil Q1 CY 16. If I recall the original tenting deal fell over and perhaps some of the other 2015 deals also fell over for reasons not known. There were hints of logistics problems that I think lead to Alexium securing alternate Toll chemical manufacturers, i beleive some international -- brain is a bit foggy this time of night and the desire for sleep trumps the desire to look up details.

    2015 fell short of expectation and the 2016 price action is the consequence. Add to that some trials taking longer than expected and some customers being tardy with payments, there have definitely been unexpected setbacks. Who knows what's coming up in the half yearly but I'm hoping that from this point on, forecasts are met -- otherwise I'll be working till 180 to recover my losses.
 
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