Ann: Update to 2009 capital raising - Placement t, page-15

re: Ann: Update to 2009 capital raising - Pla...
Hi Sir,

It’s interesting that Huntley’s picked up coverage on AVX again.

As an aside, over the last few years, Morning star has been moving towards the image of a “ratings agency for equities”, As such, when they snapped up aspect Huntley’s, they ceased coverage on a lot of small caps as they deemed them to be “too risky, and not of investment grade”.

I think it is very promising that they have picked up coverage of AVX again, and it just cements my feelings of AVX – Not a great deal of downside and potentially huge returns.

(picked up another 40,000 on friday at 12.5, couldnt resist with the next set of results only weeks away. Bargin.)

What target range does the article have them at? (keeping in mind that it will be very conservative)