AVX
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0.00% 2.5¢ avexa limited

I've just been playing with some figures to workout avx's...

  1. supertramp
    11,699 Posts.
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    23/03/07
    11:14
    Post #: 2294719
    I've just been playing with some figures to workout avx's increase in value following the phase 2 results, less cash raised.

    Prior to the phase 2:

    264m shares (fully diluted) x $0.68 (sp) = $179m

    After (assuming full take up)

    406m shares (fully diluted) x $0.78 (sp) = $316m


    $316m - $179m - $72m (cash raised) = $65m

    or an increase of about 36%
    AVX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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