The time for voting (on the merger) cut off is fast approaching.(by 9/3)
Since the announcement of the proposed merger:
PGL down 11% (including going ex buy back rights)
AVX down 34%
On current market price for AVX ,AVX shareholders should get 1 Progen share for ever 19.285 AVX shares held. (merger deal is at 12.587)
AVX shareholders are now 53% better off in share allocation than at 22/12/08. (At PGL shareholders cost)
Check out market depth of AVX; sellers are lining up so price could fall more!
PGL IS NOT A CHARITY!!
VOTE NO for the merger VOTE NO for the merger
VOTE NO for the merger VOTE NO for the merger
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