avexa and progen, page-7

>>What's the bet that the merged entity gets t/o approached very soon after the deal is done.<<

“After the deal is done” !

Not so fast mrmoshe, there is a high possibility that the proposed deal will not succeed.

The rotten mob in all of this is the Moses coup group and their plans for Progen’s cash box.

Keep a keen eye on the result of the 9 January General Meeting of Progen shareholders.
Control of Progen could very well change on that date.

Where will that leave AVX going forward ?

Strapped for cash and looking to do the necessary capital raising in a depressed capital market at low low cents.
Not pretty either.

One big mess created by the incompetence of certain desperate directors.

PS. Didn’t the spin doctor put a real spin on the statements prepared for each of the participant to read up in the recent conference call !

They could not even read these statements clearly.

“This is what you will be saying” was the order of the day.

Knowing some of them, it clearly was not their own communication style or selection of words.

One of them is a linguistics scholar and can do far better than what took place in the conf. call

What a farce.