AVX 0.00% 2.5¢ avexa limited

would you buy avx at .83, page-34

  1. 3,698 Posts.
    "sell your rights,and you've got a $1 share for $.81."

    I think if you buy at $1 you will be getting an .81 company even with the rights issue

    ABN Amro had a price target of .75 on the stock if it was successful with this trial

    Now let's say you bought 10,000 at the target price

    you'd have $7500 worth of shares

    Plus the rights to buy 4000 shares @.53
    If you bought them you would pay $2,120
    the profit based on the target price of .75 would give you $880
    14,000 shares at .75 = $10,500
    add on the $880 profit
    and you would have $11380
    with 14,000 shares that would give you a grand total of

    .......... 81 cents
 
watchlist Created with Sketch. Add AVX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.