AVX 0.00% 2.5¢ avexa limited

risk /reward, page-6

  1. 45 Posts.
    Anyone have any thoughts on potential SP if the following occurs in next 6-8 weeks

    1. ATC good Ph 3 results + parnership deal of 20% royalties and assuming $10 or $20M upfront

    2. Tobotec extension is signed on the Integrase with a $5-$10M upfront payment to milestone royalties.

    Have been on this since early 2007. Initial ananlyst forecast follwoing a partnership back then wete upto $2.50 per share but we have had dilution since but on the positive the integrase deal???

    Still was happy the Progen mereger didnt happen where my dilution was alot more than 50% as has eventuated + gave me the chance reduce avg buy price to about $0.27

    What was the proposal - 1 Progen for 13 AVX. At the time if it went through I would have needed a SP of about $5.50 per share for break even. Now things are looking up and I'm hoping a realistic SP following above announcements between $1 and $1.50

    Any thoughts
 
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