I reckon the wedding is most probably going to go ahead regardless of all the maneuvers by minority of PGL holders.
I’m pretty sure PGL directors have good idea how major holders are going to vote that’s why they unanimously went for the merger.
Even if it doesn’t go ahead no big deal. There is going to a shock, possible few cents decline and as a last resort AVX is going to ask the holders for more money.
The resulting dilution is going to be pretty similar to the successful merger with PGL or better. I don’t mind to punt more if there is a good chance of success in the end
Cheers
Confucius said: Sky aint going to fall ;)
AVX Price at posting:
6.2¢ Sentiment: None Disclosure: Held