AVX 0.00% 2.5¢ avexa limited

Wolv,Not quite. Total shares on issue are 424,672,014 and at...

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    Wolv,

    Not quite. Total shares on issue are 424,672,014 and at .21c gives a market cap of $89mil but with only $55.8mil in the bank.

    Shares need to drop to .13c to equal cash.

    But what price do you put on the potential ?


    It's a troubled market and AVX hasn't done to bad compared to the all ord's latley so will just have to wait and see.
 
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