Ann: Results of Meeting, page-6

Pat....the problem you may have here is that AJQ has nothing to offer post
consolidation in regard to a meaningful growth story. The share consolidation
means nothing in regard to a change in investor sentiment.

My opinion is, based on current poor investor sentiment, expect a starting
buy at around 5c post consolidation...as potential investors will be looking
to lower entry level share price further despite the 50:1 consolidation...!!

After all, the company has not given any indication in Announcements to suggest
that the Board is currently "on top of things" regarding operational matters other
than providing a loose time frame for projects that could make a difference to sentiment.

Cheers