well that's the definition of speculative

Thanks god I didn't hold, but I feel for everyone. I've held AVX before a couple of times, and have a small loss overall I think (it was a couple of years ago), but I've always followed it, and was actually toying with the idea of buying recently. Luckily I didn't have any cash lying around :/

As much as empathise with the angry posters here, I'd like to point out something about the obvious speculative nature of Avexa. Many (most/all) posters here that held AVX speculated that "when" the partnering deal came through, they would make a multiple on their investment. Figures such as 50 cents, a dollar+ etc. were suggested; not unrealistic if there'd been a good deal with upfront payments and royalties. Now if you buy a stock at 20 cents (for example) with the expectation that you "could" make 400% profit, you have to understand that there's also a chance you'll lose the lot. If it had ever been a sure thing, then there wouldn't have been any opportunity for multi-baggers since early clinical trials.

I thought ATC would make it, but sh1t happens folks. This should serve as a reminder to investors about what a speculative stock is. If that's your preference for investing, then hope the next one or the one after pays off, and never put all you eggs in one basket.

Good luck to all suggesting legal action and so on, but I don't think there are good chances. Whether they were overly optimistic or not, they can always fall back on the simple line that they always said they needed a partner for it to be commercial. And they couldn't get one, simple as that.

I feel for you all :(