AJX 5.00% 1.1¢ alexium international group limited

Q4 cash receipts, page-11

  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    Alexium is a virtually compatible to most companies existing production line from my understanding so little change would be necessary

    Right. I understood from my readings in the past that some client manufacturing processes could be modified to combine multiple processes to reduce manufacturing costs, that sometimes the end manufacturing process actually became cheaper. It's been a while now that I've been invested so maybe I am just confused.

    I've no idea but would be very surprised if receipts were at the most over $8 million

    $8mill would keep the CR sharks at bay. Any less and considering we're almost a third into the next quarter, unless they are bonafide cash neutral now, I'd be getting a little bit nervous in respect to a capital raising. I've been looking for a valid reason for current lack of investor interest.
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.001(5.00%)
Mkt cap ! $16.40M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $479 46.06K

Buyers (Bids)

No. Vol. Price($)
6 5248052 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 134000 1
View Market Depth
Last trade - 12.12pm 21/06/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.