AVX 0.00% 2.5¢ avexa limited

Hard to see how they are going to extract an offer worth $1.00...

  1. 3,754 Posts.
    Hard to see how they are going to extract an offer worth $1.00 per share from where the SP is now.....

    Here's hoping that in the near future they can put out an announcement to confirm that they are in dicussions with x interested parties re. buyout or partnership, which would at least get the SP back over 50c in the short term.

    I'm not sure whether the curent price of AVX is just a reflection of generally poor market sentiment towards biotechs, or whether there is massive and deliberate manipulation to keep the SP down with a view to making AVX cheaper to buyout.

    I'd take an offer of 75c for mine !!
 
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