AVX 0.00% 2.5¢ avexa limited

capital raising, page-12

  1. 1,098 Posts.
    yes, there will be a sell-off on Monday, due to the dilution, and also to the loss of credibility the board will face.

    ACL's capital raising was very different, with a rational very well outlined, and which will result in products being released earlier than planned.

    Other big, sorry I meant to say HUGE, difference - they have the commercialisation of their product sorted.

    With AVX, you always feel that they don't have any other option and if they don't raise capital they will go under. Even when they say the opposite...
 
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