AVX avexa limited
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I dont care what any of you are thinking..In the biotech world...

  1. Andy87
    133 Posts.
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    09/07/10
    10:21
    Post #: 6885410
    I dont care what any of you are thinking..
    In the biotech world cash is absolute king, burn rates and business plans are very flexible in this industry and there are always opportunities to expand into new fields if a previous program hasnt worked out.
    At the moment other biotechs are trading at at least 5 to 6 times cash backing. take PRR for example.
    This is only at 1.2!!!
    This is the cheapest and best value biotech buy on the whole ASX at the moment.
    A very strong buy all the way to 5 cents at least.
    AVX Price at posting: 3.6¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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