AJX 0.00% 1.1¢ alexium international group limited

Wild Ride, page-30

  1. 34,916 Posts.
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    But AJX has ramped up probably 6-9 months slower than we though they would.

    Really? They only announced their 2nd commercial contract 12 months ago. Not sure we're 9 months behind schedule. In may areas the company is ahead of schedule. Look at the new markets they've insitgated in next to no time (relatively speaking). The next two quarters will give us the real picture and I am very confident. The major risk now is handling the immense growth. There are ALOT of up-front expenses in ramping up the way AJX is and any failures would hit that bottom line hard. This I feel may be what is scaring investors, the expenditure rather than the lack of revenues which had always been earmarked to explode in 2016 (not sooner).
 
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