AJX - Textile nano-technology

[Trigger]

The votes are in. Remuneration Report rejected. Strike one.

Additionally: US15m now likely a stretch goal for this calendar year; military still some way off due to expansion of trials to include US Marines; US listing still on the cards (NASDAQ).

Oh, and it seems like the Chairman threw his toys out of the cot regarding the proposed remuneration.

[showstring]

lol the chairman rant was great, so salty...

[silu]

Ha yeah it was quite funny that the Chairman accused us that voted against the remuneration plan about not knowing the difference between STI and LTI. But in general terms I know the difference between 300k and 800k. I am in no way denying hard working directors that create shareholder value with a hefty pay packet but at current MC of $176 mill I believed it to be excessive. Bring me more contracts, become cash flow positive and I will reward you handsomely. Us shareholders just poked them a bit. It's up to the board to roll up their sleeves, take notice and continue to work hard.

In the meantime I'm still positive about AJX's future.

[Joshuatree]

Unfort the chairman is one of those"i deserve your money" superior types imo.They are never aligned with small inferior shareholders; its just the way it is. Still watching from the side atp.

[silu]

The new year brought as a Trading Halt because of a "significant retail sales agreement". It would be great if AJX would fly this year when I didn't pick them in the stock picking comp.

[silu]

It's a US$10m+ annual revenue agreement with Pegasus' New Cool-Touch pillows.

[mcdongle]

Is Alexicool going to be bigger than FR i wonder...

[Joshuatree]

First, concise , clear, chunky ,meaningful, transparent($ stated and client stated) announcement I've seen and rate. This should bring some better sentiment,confidence back into the S/P. Instos now taking int?

[silu]

I still treat every announcement with caution. Immediate increase in SP followed by a fall. Like the Warriors, AJX has to show me on a consistent basis that they can win. Some institutional support wouldn't go amiss either. I'm still holding a large chunk, by far my biggest holding, so of course I wish the SP would finally go closer to the $1 mark I have anticipated for a year now.

[Joshuatree]

Agree caution warranted .Im still out; but like this announcement better.A few Instos would return/ bring the confidence /credibility needed here. watching for this etc.Strong rise off re 52c re Dec 13th. More cap raising/ dilution, manipulations a certainty as well as the usual spruikers pumpers and dumpers bulldust..S/P currently 64.5c high as 67c.