AVX 0.00% 2.5¢ avexa limited

merger activity, page-8

  1. 323 Posts.
    Could anyone explain to me, given the phase 2 results and the potential earnings, why holders would except a paltry 92c per share. I remember OMI going from 90c to $5.50 in a month on rumours a few years back and AVX has more than that. Surely if the earning potential is that big the sp should start to move up quickly giving a better TO price?
    I hold
 
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