AJX - Textile nano-technology

**Dej** · 17-12-2013, 12:59 PM

http://www.asx.com.au/asxpdf/2013121...m64t41mpzc.pdf

For those who are lazy

**ozzie** · 24-12-2013, 03:01 PM

Sounds interesting. What do you think the chances are they'll do a capital raising soon though? It looks like they don't
have much cash on hand.

**Joshuatree** · 24-12-2013, 03:06 PM

Buy a few shares and take part in it if they do do a raising.

**silu** · 06-01-2014, 12:41 PM

Another sales announcement to with an UK company to be used on upholstery, home textiles & contract fabrics.
http://www.asx.com.au/asxpdf/2014010...x4ypcwg685.pdf

discl. I have nearly doubled my holding at 18 cents this morning.

**Bigane** · 09-01-2014, 12:34 PM

I bought in after the UK announcement. The recent brokers report was great as describing the tech and the potential market, but was a company sponsored report so can't place too much reliance on the optimistic valuation. Lets hope for some more sales announcements in the next half year to further validate the technology.

**silu** · 09-01-2014, 02:14 PM

Upfront payments are usually small but as far as I understand "milestone" payments are made further down the track which is in line with the CEO announcing to be cash-flow positive from mid-year.

**silu** · 29-01-2014, 09:38 AM

Very much looking forward to the revenue statements. They may need a cap raising but I don't think it would be a big one. I have slowly accumulated this lately for it to become my biggest ASX holding. Fingers crossed but I do believe in this company.

**Aotea** · 29-01-2014, 10:14 AM

Definately has plenty of upside potential- especially given the number of shares on issue...have a small holding, and am pretty happy to have it in the asx 2014 comp!