AJX 15.4% 1.5¢ alexium international group limited

am not sure if I am on the right track here, but it seems that...

  1. 8,499 Posts.
    lightbulb Created with Sketch. 2713
    am not sure if I am on the right track here, but it seems that maybe a "holy grail" might be this slide #19?

    ajx fleece.jpg
    If i read this correctly, AJX are saying that their FR treatment can be applied to standard cotton fleece in these jackets, thereby replacing the synthetic fibres currently in use.
    The Alexiflam NF treatment to these jackets allows the fleece in the jackets to bio-degrade in the environment.

    This article provides some idea of the problem of clothing micro-fibres to the environment.

    ajx fleece1.jpg

    https://www.vox.com/the-goods/2018/9/19/17800654/clothes-plastic-pollution-polyester-washing-machine

    so maybe this development by Alexium might really just be the tip of the iceberg?

    What a great selling point.
    The applications might be way further than just jackets and fleece?

    Further evidence of the R&D capacity of AJX ?
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
0.002(15.4%)
Mkt cap ! $9.918M
Open High Low Value Volume
1.5¢ 1.5¢ 1.4¢ $29.69K 1.995M

Buyers (Bids)

No. Vol. Price($)
1 424 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 6045322 4
View Market Depth
Last trade - 16.10pm 19/04/2024 (20 minute delay) ?
Last
1.4¢
  Change
0.002 ( 7.69 %)
Open High Low Volume
1.4¢ 1.4¢ 1.4¢ 7500
Last updated 11.09am 19/04/2024 ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.