TD1 - TALI Digital

[subaru69]

Re: AVX - Avexa Limited

Anyway, it looks like if you got in at 28c...well you picked a bottom pretty well imo and probably wont go too far wrong.

Oops, didn't mean to give the opinion that I held either stock. Would have sold AVX today though if I was. Doesn't matter though it will go back down to ~0.3 mark again and when it does I will be buying.

It went up purely on spec IMO (didn't see any announcements) and will drop for the same reason.

You could take 2 views: trade the swings (it is a high risk bio-tech stock) or hold and wait for takeover. I hope to do both.

Porsche here we come....but this took my fancy recently :knightrid

 

[Big_Daz]

Re: AVX - Avexa Limited

It went up purely on spec IMO (didn't see any announcements) and will drop for the same reason.

One thing that might have seen a bit of a spike in the price may have been the result of the latest Smart Investor magazine coming out and having AVX featured in one of their articles (along with a number of other small caps) titled "Nuts about speculative stock". The crust of it was that there are heaps of cheap small caps at bottom prices.

Just a thought...might not be correlated to the gains earlier in the week but with no announcements and the magazine going on sale on the 18th (last Friday) could have been the result of some hype.

Hope this helps.

 

[Go Nuke]

Re: AVX - Avexa Limited

Just thought I'd post a snippet from the Fin Review dated 30th July..


VEXING TIME FOR AVEXA

Melbourne based Bio tech Avexa has reported an operating loss of $29.3 Mil for the year to June 30th.
the company which is completing the first of two final stage trials of its HIV treatment apricitabine has $43.4 Mil in cash left.

Event hough I'm sure we could work that out from the latest ann, it looks like AVX only has approx 12months of cash left at hand.

So can we guess that a partnership may be approching ..or further capital raising?

 

[Wilsta]

Re: AVX - Avexa Limited

Really hope so! I'm getting worried about the global economic picture ... but still think AVX is poised to be a star...

 

[gilbo]

Re: AVX - Avexa Limited

Just thought I'd post a snippet from the Fin Review dated 30th July..


VEXING TIME FOR AVEXA

Melbourne based Bio tech Avexa has reported an operating loss of $29.3 Mil for the year to June 30th.
the company which is completing the first of two final stage trials of its HIV treatment apricitabine has $43.4 Mil in cash left.

Event hough I'm sure we could work that out from the latest ann, it looks like AVX only has approx 12months of cash left at hand.

So can we guess that a partnership may be approching ..or further capital raising?

Avexa never did have the cash for stage III trials so either a capital raising, a takeover, or a partnership was always on the cards. Their appointment of new non-executive director Nathan Drona - an investment banker with M&A experience - may give a few pointers as to which way the company is thinking of going.

 

[Wilsta]

Re: AVX - Avexa Limited

Hopefully its almost time for this puppy to take off - I've been very patient. Anyone heard anything of late?

 

[AnDy62]

Re: AVX - Avexa Limited

Nope .. not yet, might still be months and months IMHO. It's a definite 'hold' or accumulate if you are game.

 

[Go Nuke]

Re: AVX - Avexa Limited

Totally agree guys.
If I had the money, Id be accumulating at these levels.

Anything under 30c would be a steal.

BUT..mind you. Ive lost alot of confidence in those sorts of comments now that Ive seen my beloved Bannerman trading under $1!

Never thought I would see that happen.

But AVX a buy yes Especially if we see those MA's cross up over the 200 day!!

 

[Wilsta]

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 worried that the general state of the global economy might mess this up!

 

[andrewt]

Re: AVX - Avexa Limited

Hi all, been holding AVX for 12 months the news keeps improving but the price keeps going down. Are we all still as confident as we were.

 

[Wilsta]

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.

 

[Go Nuke]

Re: AVX - Avexa Limited

Yeah AVX got SMASHED today!!

Bit of a shame because I think its a great company with heaps of potential.

I thought it was cheap before!!...If I weren't broke I'd think about buying more!

This Bio is a long term hold imo. Because the trials take so long.

DYOR

 

[Big_Daz]

Re: AVX - Avexa Limited

Definately a long term play...Everything looks to be progressing (all be it slowly)...I have held off from buying untill I start to see some buyers come back into this company but the possible upside is very enticing.

Does anyone know when the next round of trials is due to be released?

 

[Pimping]

Re: AVX - Avexa Limited

Has anybody got any info on the current sp decline? I believe a major older is selling out...is it going to recover? When are we expecting news???

 

[Go Nuke]

Re: AVX - Avexa Limited

No idea off the top of my head mate...I couldn't find anything on the companies website about what results are forthcoming in the 4th quater....but what a disaster the share price is looking!

If they coming looking for more money from me when/if they do capital raising, I'll happily point out how much money Ive already lost with AVX.

I mean the fundamentals are great for this company imo its probably just the current market.
Good time for someone to make some money in the future, unfortunately we have done it **** about

 

[jonnycage]

Re: AVX - Avexa Limited

i picked up another 5000 at 20 cents today, couldnt resist.

hopefully something will happen, if not, oh well.

jonny

 

[hsv2001]

Re: AVX - Avexa Limited

hey guys,

i'm new to this stock, I think it looks quite attractive at 20c, I was reading that there is the potential to make upward to approx 400m in sales (as compared to a similar drug) (Ref eTrade.com.au). How long until potential profit would seem likely? I know phase 3 is in progress but don't know what the timeframes are like and whether there are any more phases to follow?

Thanks
Marc

 

[Goldmann]

Re: AVX - Avexa Limited

this one has always been a long term play... was being tipped at $1 even 6 months ago by a range of brokers including ABN AMROS.

recent price decline would be due to current market state.. also - apparently (and i cant remember the whole story) the US regulators made them do twice as much testing for phase III ATC than the other drugs that have been passed previously... so double the amount of tests, means double the cost - hence people getting nervous...

I wouldnt put a nother share raising to be out of the question here, but again - alot of people that own AVX already own a lot - due to that upside...

.20 is a really cheap price compared to what it has been trading at in the past two or so years... teh very first capital raising i got in at was .20 (when the stock was trading at .28)...

Upside potential is great - just have to be prepared to park your money in it for a while... otherwise try and guess when to come back in...

 

[3 veiws of a secret]

Re: AVX - Avexa Limited

(1-)this one has always been a long term play... was being tipped at $1 even 6 months ago by a range of brokers including ABN AMROS.


(2)-Upside potential is great - just have to be prepared to park your money in it for a while... otherwise try and guess when to come back in...

(1)I personally do not rate anything that ABN Ambro says ,all I do know is that they wish everybody to buy everything. Apologises for the sarcasm,but don't quote ABN plse pretty plse.


(2)Like any bio-share the risks are greater then certain other stocks, but then again if you intend to speculate on dramtic rises ,then it's just a question of timing. I remember reading Huntleys' see this as a specualtive stock with a veiw of a potential takeover in the region of $1.10~$1.30????? ,and the CEO of AVX rewarding his shareholders with a rights issue as the share hit the 90 cents......perhaps he should reward us for carrying the load at 20 cents also! ok I'm out of here!

 

[FGB]

Re: AVX - Avexa Limited

Think they are unlikely to have phase three trials complete by yr end. Got in a 0.30 and would like to be able to talk them up but....