morning all,
any rappers please look away now - this is not a go at you, it's a post really about Alexium, but, the lesson this morning is from RAP and things couldn't be more different - indeed, they are polar opposites in comparison to Alexium.
Many of us are concerned about AJX - and, many are not -- the point is that almost all the concerns about AJX are to do with shareprice - not the business.
Even though we have had issues with Alexium -------- crap comms., overpromise etc - the facts are pretty much the exact opposite of what has brought RAP down here.
Alexium HAS a product in market - indeed, several.
It HAS revenue --------- and, yes, although we chased revenue in a way that we had to readdress lately - but, that has been done - well, at least we did have revenue, and growing - still is, along with wonderful margin growth.
RAP has just had it's approval process shot to bits ------------ Alexium had it's approvals for a LOT of product - ages back - that's what all the fuss was about a couple of years back -
NOW we can see just why this stuff is so important.
Dirk is coming in like a new broom sweeping through - one assumes that a new CEO will be having a wide look at the entire operation - they all do that - and, justifiably and wisely so.
Put a scythe through old bad habits, cut the fat, cut the obvious cost overruns, trim the sales (pun, didn't realise it) - to get to profitable sales.
as to the shareprice - well, it can do what it likes ------------ the facts are that we will ALL have to wait to see just what the business looks like with his stamp on it.
And, it's not just Dirk - it's the Dirk team - the Greer team - they are as tight as - and, now, they have the hobbles off and can operated as one only - a very strong unit.
Lets see how we go from here - everything I hear is good - and, IMO, the prelim will read very well - I am going to read it as if I know nothing of the past - no past promises - just the facts as they are.
have a great day all
Pinto
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Mkt cap ! $17.18M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $971 | 84.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 167567 | 1.1¢ |
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Price($) | Vol. | No. |
---|---|---|
1.3¢ | 1240000 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 167567 | 0.011 |
6 | 5722035 | 0.010 |
2 | 211111 | 0.009 |
2 | 182600 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 1240000 | 2 |
0.014 | 363311 | 2 |
0.015 | 1036316 | 3 |
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