AJX 0.00% 1.1¢ alexium international group limited

TA discussion, page-40

  1. 83,203 Posts.
    lightbulb Created with Sketch. 75
    I would back that in assuming the wheels stay on.

    We will get setbacks - everyone does - but, as long as we can withstand the setbacks and the wheels keep turning - it really can't go any other way - the only question is how far and how fast imo.

    What it comes down to in the end is how much free cash the company can make - it is free cash that is distributed to stockholders or held that counts.

    Sure you can run on speculation p/e's growth curves and a myriad of other things - but, in the end, what drives the really big one's that actually make money - is - free cash.

    If NC can keep his feet on the ground with the spending as we get bigger and bigger kitties - we should be fine.

    I watch with interest how both board and management look after the company when they have bucks to either preserve or burn. Looks like we will get a chance to see how they go - I am confident at this point they will do well - but, we shall see. It is one thing to have a responsible teenage kid and then another thing to give em a large amount of cash and see what happens.

    Last corresponding quarter we had about $4 mil from memory and little revenue ($33k) I think - this time we have a lot more - maybe over $10 mil. and revenue a LOT higher -- next year that will be $10's of millions - how will they behave?

    Technically - our charts will follow that - the charts will tell us what is happening - but, we will need ears on the rail and discussion to tell us why -

    I see no reason why the chart won't be a skyrocket at this point in time.

    Pinto
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $17.18M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $1.759K 161.9K

Buyers (Bids)

No. Vol. Price($)
1 108856 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 87584 3
View Market Depth
Last trade - 14.14pm 26/06/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.