AJX - Textile nano-technology

[Aotea]

Thanks Silu, a little cheaper than I had hoped for, but it'l provide working capital to market our products.
cheers

[Dej]

If 15c is the price, thats quite a discount to last closing price. Would be interesting to note they think they have to drop it that much to fill the cap-rising, I would have though you could have completed it at 16 and you would still have been oversubscribed.

Guess we will wait for the details.

[silu]

The SPP details are finally released. Hope to find some funds so I can fill my boots.

http://www.asx.com.au/asxpdf/2014021...8yw289j280.pdf

[ozzie]

The SPP details are finally released. Hope to find some funds so I can fill my boots.

http://www.asx.com.au/asxpdf/2014021...8yw289j280.pdf

They're only raising $1 mill - maybe you can fill the toe of one sock

[silu]

Some good news lately coming out of this one. A little miffed that I didn't have any funds available to average down when it was between 8.4-9 cents. Currently at 15c. Baker & Young have recently updated their research on AJX and have a risk-adjusted share price target of A$0.24

http://alexiuminternational.com/upda...-stockbrokers/

[silu]

Whoa, Nellie? Up to 17.5c (+29.6%) on today's announcement. The market must like the automotive industry.

http://www.asx.com.au/asxpdf/2014082...zxnwhmzvzx.pdf

[Joshuatree]

Great to be back in the black with this too. Now all we need to really go for it is areal big order from a manufacturer that has no doubt in the product and we are off to the Multibag Races. Come one and many will follow and then the takeover will arrive.

[silu]

Great to be back in the black with this too. Now all we need to really go for it is areal big order from a manufacturer that has no doubt in the product and we are off to the Multibag Races. Come one and many will follow and then the takeover will arrive.

I have very lofty expectations for AJX. It is proper disruptive technology that could easily become the norm in some industries (i.e. furniture, military uniforms, cars). I'm very much overweight with this one - having taken a huge stake (for the size of my portfolio) over the last few months. I believe it to be my next 10-bagger but definetely DYOR.

[Dej]

I have very lofty expectations for AJX. It is proper disruptive technology that could easily become the norm in some industries (i.e. furniture, military uniforms, cars). I'm very much overweight with this one - having taken a huge stake (for the size of my portfolio) over the last few months. I believe it to be my next 10-bagger but definetely DYOR.

Havent been spending much time on these forums, more on HC because of the way my portfolio is sitting (mainly ASX), but good to see some people over here still following this puppy. I was lucky enough to average down in the recent drop, noticed it was on real small volume so wasn't anything substantial, still its always a risk but in this respect it has paid off!

Strong believer in the technology, still backing this to the bank. Speculation on HC about takeover (not now but as an exit) but I would rather see this run. This year will make this stock IMHO.

DYOR but BUY ;-)

[silu]

Gavin Rezos has always maintained that being taken over is a possibility within 3 years.
http://youtu.be/TPGSoWoUzPw