AVX 0.00% 2.5¢ avexa limited

2m bidder

  1. 568 Posts.
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    Its been hard to find too many short term positives of late but someone does like it at 11. There is a 2m bidder at 11 -my guess is it is the Orbis Group Fund which has already 47m shares.

    They are not afraid to back their judgement even when companies go a bit pear shaped. They have been increasing their holding in ROC for instance since its little write down of assets.

    We should know in a few days if it has been them.

    Irrespective of who it is the fact someone wants to punt $220,000 is a belated vote of confidence.
 
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Currently unlisted public company.

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