We are expecting big ann soon in relation to results (going by exceptional past results we almost no what we could expect), which could potentially lead onto a deal with a big pharma or t/o. AVX has also been consolidating for quite a while around the 11c mark and has clearly broken out on largish volumes. The company succssfully raised cash and is now funded atleast till end of year, till early next year. If the trials are successful a big pharma will be all ovver them in an instant.
I dont see a down side to buying avx at these prices, this was trading at over $1 a year ago, a year later, avx is more advanced and in a later stage of its atc trials, and should be worth alot more than what they are valued at atm. I aint ramping, just merley stating the facts. I Hold.
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