PHE, CB and others grateful for your posts. PHE, is it possible that the strengthening of the coy balance sheet was a condition of the Tibotec agreement required by the legal department?
I am purely speculating here, but my thinking is that like any negotiation, Tibotec and AVX have been aware of desire to partner for some tme and that Tibotec have requested a strengthening of the coy's bs, which has conributed to:
a) Avexa closing the trial early and
b) the spp
Furthermore, if anybody has been watching, there has been some great sp manipulation, with whoever is buying happy to buy a lot of shares at 17.5c. I am comfortable buying more at this level, knowing that i will be lucky to get any significant amount through the spp. Goodluck everyone but I am starting to think that we wont need it.
V
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