some confidence...

so we heard from the AVX Chairman's report about...

"The big question is: what to do with these funds?"

$18.6M in cash/current and $8.2M in investments/noncurrent assets, or $27M total assets of 1 July

thats about 3.2c per share, and been cash positive since then...

Now, with such confidence of a ATC deal being done, the purse strings are opening wider at AVX...

"We have also judiciously invested the surplus funds to maximise returns having set and agreed key risk parameters." said the Chairman

We've already heard about the earlier Allied investment making a motza...

then in the Chairman's report, more returns...
"To date we have been successful, earning $0.8 million since 30 June 2011"

and now more investment... from the AHZ notice of AGM

Resolution 10 seeks Shareholder approval pursuant to Listing Rule 10.11 for the issue of 7,500,000 Shares at an issue price of $0.028 each per Share to raise $210,000 (before costs) to Avexa, a related party of the Company and an entity of which Mr Handojo (Jet) Soedirdja, a Director, is the deputy chairman and non-executive director.

With such confidence in spending AVX funds, why would nasty need to have his fingers crossed...

Dental and surgery costs will be nicely covered...