Dont base your decision to take up the rights on the share price. Whenever there is a rights issue or SPP, the share price often heads towards the price of the new shares. Go with your gut feeling on the quality of the results. Like everyone else i have taken a bath on this one but we all would have quit this stock if we thought AVX had nothing to offer.
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- sell half now then decide to take up rights
sell half now then decide to take up rights , page-10
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