AVX 0.00% 2.5¢ avexa limited

relax boys the fact is they were offered a seat on the board the...

  1. 138 Posts.
    relax boys
    the fact is they were offered a seat on the board
    the background of how avexa shares were run down in price and calzada got to buy at 3 cents is at the very least being investigated .
    As for atc being the death of AVX this remark is also well of the mark .
    there is an independant review underway and if its found to have some intrinsic value to the company it will be exploited
    if not it will die . The board will heavily weight atc future on the review .
    AVx has many other products in its arsenal so at 3 cents a share im not worried.
    The news flow has been slow because of this EGM and i expect the news will flow now, the directors that resigned and are now back on the board are there because have a strong belief in the company

    The facts are the board is now united to produce a positive outcome for AVX holders , this was not the case earlier this year.

    I also note that none of the current directors have shares in the company at the minute .
    As soon as Calzada are out of the way this will change .

    i have added to shares over the last few weeks and have added more once the vote was clear .

    With Calzadas cash burn and their cash at bank
    I know who i will be backing for a brighter future .

    All above are my thoughts , you can please yourself what you think
 
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