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5.00% 1.1¢ alexium international group limited

SKIPPA SAID So current revenue is near 2 mil according to Chair...

  1. hammer66
    900 Posts.
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    13/09/17
    12:29
    Post #: 27183807
    SKIPPA SAID

    So current revenue is near 2 mil according to Chair ( not sure if he means USD or AUD ). That's 24 mil run rate and if we use the rule of thumb of 10x revenue, that's around 240mil market cap Vs current market cap of 180mil. Share price appears cheap. Any comments on this??

    Share price when this was said was 0.58c " So what do you say now! is the share price cheap enough to buy more"

    hell yeah!!!!!!!!!!!!!!!!!!!!!!!
    AJX Price at posting: 42.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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