Ann: Preliminary Final Report, page-89

I think you guys need to learn a little more about fundamentals.

When you have total assets at $9.65m but total liabilities at $9.43m we have a slight problem Houston.
Just $0.22m in net assets, DOWN a MASSIVE 98% year on year from $11.2m. Throw that in a chart.
That's less equity than your average home owner.......oh dear.....

Then I read AJX doesn't plan on a capital raising but it may if needed.........oh dear there's that simplicity again

With falling revenue, lets hope this new ad hoc plan doesn't back fire and AJX need to raise capital at 20-30 cents when they had multiple chances at the 0.8-$1 mark......

Throw in this questionable Pythagoras sorry Pegasus deal and it makes me wonder who the mathematician was who came up with $10m considering it was already on the shelf 8 months ago and still no revenue.......

Have a great play I mean day. ......