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0.00% 2.5¢ avexa limited

Don't get caught up too much in cash backing.Progen example:...

  1. saxman
    89 Posts.
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    10/05/10
    12:40
    Post #: 6676996
    Don't get caught up too much in cash backing.
    Progen example:
    Cash:$20mill
    Market cap:$12 mill
    Plus the new board and CEO are doing positive things now with the company.
    Plus PGL has subsidiary (Pharmasynth) with positive cash flow.
    AVX Price at posting: 2.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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