Sads, chin up. It has truly been a case of 'move on there is nothing to see' of late, but you get that with a cap raising to drag things down. Volumes have been low of late so, I assume many are holding on for better returns later.
The positive is that JC is now probably sitting in his safe like scrooge, counting all that dosh over and over and will now have it up his sleeve for a rainy day. I'm not too pleased about the dilution, but they did really need the money, so thats out of the way now for a while.
Now is the time to have some patience as the results will either be the money stroke or the death spiral. Though,in my opinion, I doubt that bad news is ahead. This is the pointy end of the game for AVX and an interesting challenge for management to show their true value creating abilities for shareholders, that we have so often read about.
AVX Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
