HI PurpX2,
You're kind of right, but AHZ really wanted AVX to sell off the shares because they were seen to be holding down the shareprice. Avexa leaving really opened up the fluidity of the shares. I doubt we would have seen the rise in AHZ without the exit of AVX. Actually, I don't think it was ever a true investment as such. More of a mates deal I reckon with AVX parking some money with people at AHZ (a few old faces there as you know) until it was no longer needed. Avexa now needed that money more than AHZ so it was sensible to sell at the time and so i'm not too grouchy with them about selling out of ahz. I am gettting a little grouchy though about the lack of public comment about the coal mine.
Add to My Watchlist
What is My Watchlist?