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Moelis Initiates Coverage of Alexium
PERTH, AUSTRALIA and GREER, SC--(Marketwired - Apr 3, 2016) - Alexium International Group Limited (Alexium) (ASX: AJX) (OTCQX: AXXIY) has announced that it is now being covered by Moelis Australia Securities Pty Ltd., which on 31 March 2016, issued a rating of buy. The Moelis report cited Alexium's innovative, environmentally friendly fire retardant chemical formulation; this chemistry preserves a fabric's tactile and other sensory properties and is cost efficient for customers. The Company's intellectual property and flexible partnership system and long term growth also were highlighted.
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