AJX 8.33% 1.3¢ alexium international group limited

Hiya cappyYou shouldn't get so emotional about a stock you don't...

  1. 806 Posts.
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    Hiya cappy

    You shouldn't get so emotional about a stock you don't own. Perhaps you lost too much on it.

    Time to correct your 'facts' again:
    "it's in debt by $5m and growing"
    As per the half-year accounts, total liabilities came down by just over $1m including a $1m loan repayment.
    As per the last quarterly there have been no new borrowings this financial year to date.

    "ajx is so far from cash flow positive it isn't funny"
    You need to catch up on reading the announcements? Management has advised the timeline.

    Oh and perhaps you need to drop your investing rule of only investing in cash flow positive companies given one of your investments is not cash flow positive. mmm and a please explain from the ASX too as well as reports that don't add up.They could use your insight over there for sure.

    Have a great day cappy.










 
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