Re: AVX - Avexa Limited
I'd prefer Avexa management to outright say it then .. that they need money, that this is for the money. I don't want this sweet talk about synergies, being a significant pharma and the drugs Progen has to offer when its clearly about the money and the money only. If...
Re: AVX - Avexa Limited
I'm starting to think this this is all just empire building by Avexa Management at our expense ... since they will be incharge of the new combined entity ...
Even in this economic climate ... this is expensive cash. Why the hell are we doing the conversion on an...
Re: AVX - Avexa Limited
Is anyone else deeply disappointed with the merger announcement? I feel a little cheated actually … Progen doesn’t have anything to bring to the table except money (in my view). Why is the conversion at $1.35 Progen shares when they are trading under 90c!!!!!
Re: AVX - Avexa Limited
Hey guys, check this link out:
http://business.theage.com.au/business/pfizer-deals-into-local-drug-research-20081026-591q.html
Do you think Avexa could be on the receiving end of Pfizer's funds???
"...holding meetings with several Australian biotechnology...
Re: AVX - Avexa Limited
I think its share price has fallen over concerns that it might struggle to secure more funds ... but lets face it, it was never a bank loan that this company was going to get. This may make larger bio-tech's think twice where they put their cash however. But once the...
Re: AVX - Avexa Limited
Hey guys - saw this on E*Trade, I didnt know that Avexa was caught up in the Opes Capital issue ... hmmm.
Business Impact: The prime driver of the weakness is the severe bear market in non-resource stocks and heightened risk aversion. AVX stock caught up in the Opes...
Re: AVX - Avexa Limited
Yes for Avexa ... no on the economy! Looking at the market depth, Avexa (and everywhere else) as dried up .. hopefully just temporarily.
Re: AVX - Avexa Limited
LOL i've accumulated waaaay too much (bought into it about 7 times over the past 6 months) ... AVX is about 40% of my portfolio ... not good for diversification ... but I've got faith in these guys ... I made some coin on them before their last shoot to $1. I'm more...
Okay guys here is my theory:
There will be a recession ... then a depression! World wide household debt as a percentage of household income has more than doubled over the last 5 years (unprecedented). Property prices have also more than doubled over the past 5 years (unprecedented again)...
Re: AVX - Avexa Limited
It rose due to the new report from ABN Amro on their website as well as their recent announcement...
But think it will fall along with the market on Monday ... even though high oil prices and higher unemployment in the US have little to do with them...
US fell by...
Re: AVX - Avexa Limited
I'm still in the process of reading the article - but two things stand out so far:
- they havent met with the new member of the board who (I believe) was hired to aid in raising funds (which is one of the reports biggest concerns).
- they have decreased deal related...
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