Shareholders need to stop selling at 3 cents per share otherwise someone is going to get the company for free. There was a 14 million buyer the other day and today 3 people are waiting to buy 10 million worth of shares.
if you do the maths each share is worth approx 3 cents for the 25 million cash in the bank.
If someone or a group of people keep buying all the shares at 3 cents it would cost approx 25 million to buy all the shares and own the company outright. Those people would then own the 25 million in the bank.
Therefore they have paid nil for the company and have the rights to all of avexas intellectual property.
people need to stop selling at this price or soon we will be told to give our shares up to the group or person who has eventually bought more than 80 per cent of the stock and has served notices to take the remaining shares with no gain to us.
could this be the reason behind Dronas actions, only time will tell!!!!!!
This is just my theory feel free to add your thoughts. I have held for over 3 years and still hold.
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