AVX
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0.00% 2.5¢ avexa limited

looking better now, page-3

  1. OxfordDon
    40 Posts.
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    14/01/09
    11:12
    Post #: 4689381
    With PGL currently trading at 88.5 cents and AVX at 11 cents there is a large (57%) premium getting into the merged company through AVX instead of through PGL.

    To me this looks like the market is betting that the deal will not go ahead and that AVX will partner with a large pharma (or be taken over).
    AVX Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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