AVX avexa limited
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latest quarterly report

  1. Tana
    1,098 Posts.
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    22/04/08
    14:20
    Post #: 3614941
    Released today.

    Still looks good with $53.5M in the bank, but this is $13m less than at the beginning of the quarter, with $8.5 spent on Research and Development which is more than what they spent over the first semester.

    I guess this is due to the beginning of the Phase III.

    I wouldn't mind them communicating a bit more and telling us how they spent this $8.5m.
    AVX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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