AVX 0.00% 2.5¢ avexa limited

Ann: Chairmans Address AGM 25 November 2008 , page-2

  1. 1,098 Posts.
    Yes, a bit disappointing but not surprising - nothing new in these presentations. As I suspected. The sp would have moved up over the last few days if big news were to be announced.

    I am still surprised by the composition of the board, with 2 so-called M&A experts. It's like M&A is the only focus of the board, or/and they don't want to work with middleman firms to make it happen - hence the time it takes to get something happening.
    All the most disappointing there is nothing to talk about.

    Am also a bit sick to hear all of them using the financial crisis to explain poor outcomes - in circumstances where it is not related at all.
 
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