the downside of dual listing

  1. 1,986 Posts.
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    Avexa holders and forum lurkers may not be aware that AVX is dual listed in the USA, a variant named AVXAF.PK (or PINK:AVXAF)

    So for your pleasure, here's the latest chart:
    AVXAF, 3 months to July 2012

    Quelle horror! a 75% drop July 13! From 0.020 to 0.005.

    The not-so-bad news is that it was only a parcel of 250 shares, and that was the first trade I've seen since May.

    So there you have: for the exchange of $1.25 USD (would the yanks call that: 5 quarters?), we have a precipitous market movement. Chartists take note.

    :-)

    P
 
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