AVX avexa limited
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a question

  1. kalaharigeorge
    23 Posts.
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    02/10/08
    08:28
    Post #: 4335038
    For proper context on my question...I've held AVX for over 12 months and well over $10k worth (at prices then)...so, like most here I'm VERY eager for a price reversal.

    Catalyst for the down trend seemed to be the re-negotiation with Shire. And, Shire decided to take AVX shares (future issue) instead of parting with hard cash or viable assets?

    If AVX goes bung Shire lose zilch, effectively. They haven't put up any cash or assets. Does imply that Shire have concerns about AVX's future?
    AVX Price at posting: 13.2¢ Sentiment: ST Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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