AVX 0.00% 2.5¢ avexa limited

capital raising, page-20

  1. 459 Posts.
    lightbulb Created with Sketch. 9
    One positive out of all of this (assuming figures are correct and I've heard the same) that $7m is going to insto's. These guys aren't just going to dump the stock. Obviously they believe the story.

    We're probably going to get some dumping from the retail component, but, with only $3m being thrown around (and I suspect most of those will hold) it should be minimal.

    No doubt there will be a drop, but perhaps it won't be as much as I initially thought. Two cents? I guess it might depend when the record date is too.

    Whatever, I'm going to be interested to see the reasons given by AVX tomorrow/Monday.

    Good luck all, still think this will be a ball tearer.

 
watchlist Created with Sketch. Add AVX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.