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Northen_munky

10,075 Posts.

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31/08/17

22:32

Post #: 26914290
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Originally posted by melastcracker ↑

Yes it's been good to have some level heads around, as usual we've had some say the market is always right but when asked if it was right when the SP hit $1.17 with much poorer fundamentals we get no answer.
As stated by many of the longterm holders the SP has had very little correlation to the actual improvement of the fundamentals of the business.

Dirk has really cut costs that have needed trimming for some time and has started an approach to only securing business that is profitable. This new approach tells us that Alexium has finally found some footing in various markets, NC pushed our products into different sectors at cost or even recognising a loss for one purpose, that was to get our name out there, our name is now out there.

Many talk about growth trajectory, it will be what it will be under our new leaner operating system. Now that we're a recognised player (but still very small) it wouldn't have been wise to keep the old business strategy, not all revenue is good revenue, it did cost us to keep our clients during our name building and this was pointed out to many via the issue of margins to some but they unfortunately couldn't grasp that concept (now we're hitting 40% margins in some areas it seems these guys have vanished).

The next important phase IMO (outside of military) is to make sure we inject ourselves into the workwear, polymers and cotton industries, all these industries are game changers in there own right if we have a good enough product and certainly in the cotton industry don't seem to have to much competition.

Well done to the ones who topped up over the last week, it's hard to do with a falling SP but it's often where the biggest rewards are found if the company is sound, and this one is IMO.

Cheers.

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Totally agree with your comments cracker...

The ethos of the company seems to have changed with Dirk's no nonsense sense of direction..Totally onwards and upwards from here...

Laters..

AJX Price at posting: 46.0¢ Sentiment: Buy Disclosure: Held
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