Ann: Appendix 4C - quarterly, page-315

Seems dirt cheap to me given they already have won US DoD.....yes the United States. Largest mattress manufacturer, EU auto, advanced testing in US auto, tents, 45 customers, plenty of customers planing larger rollouts than originally intended and already into a new field - polymers which is advancing rapidly that could easily dwarf all that with faster roll out.

Theres plenty of ASX companies that have 200m market caps while being a year or more from commercialization and years away from cashflow positive. And yes i put my money where my mouth is and been a buyer yet again today, so glad i got new ammo in. For mine the AJX is far better value today than it was at 15-20c.