would you buy avx at .83, page-21

  1. 3,698 Posts.
    ABN Amro had a target of .75 assuming that the company had a successful trial.

    then the company had the rights issue

    The rights issue gives shareholders a .22 profit

    (.75 - .53 = .22)

    .22 plus .75 price target = .97

    I think the market has got it just about right

    below .97 and the company is probably undervalued.
    .97 fair value
    and thing above .97 expensive
 
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