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Re: AVX - Avexa Limited

another run today on the back of more positive news at 16 weeks for ATC
trial phase III

15 cents and counting

jc
 
Re: AVX - Avexa Limited

Not anymore lol. With today's commodities selloff I was hoping it'd get onto the radar more. Market depth is not looking too bullish either. Oh well
 
Re: AVX - Avexa Limited

strong dept at 13.5 cents for the buy, maybe a good platform
for growth on top. not the right day perhaps lol!!

j c
 
Re: AVX - Avexa Limited

Didn't think it would go down on positive news; anyway, should go up eventually in the long run when more results from the trial comes through
 
Re: AVX - Avexa Limited

I got totally burned today day trading this one. bought 50k @ 15.5 sold out at 10.30 and i was lucky to get 0.14 ( i tried for 14.5 at that time no luck) very sour. $750 loss. quite bad considering i hadnt even had my morning coffee yet..


letalone the brokerage
 
Re: AVX - Avexa Limited

Yeah I've done that before (not 50k though lol more like 2k I'm a small timer).

Resolved never to chase a biotech wave unless I've been following the stock all along, of course you may be super informed on AVX and got unlucky. But all the times I've been burnt I noticed the spike and had a punt without more than a cursory 5 minute scan through the figures, bad idea.

Disclaimer: Holding a small parcel, medium termer (see which way the wind blows over next few major announcements).
 
Re: AVX - Avexa Limited

I meant 50k shares ie. 50,000 though not $$

so i guess were not too far apart.

Well see what today brings
 
Re: AVX - Avexa Limited

The share price has been stepping down slowly over the last few days.

I've re-entered this stock at 11.0c.

What could explain this dip at this late stage? Are shareholders getting impatient of waiting for news on trials?
 
Re: AVX - Avexa Limited

i think theres a bit of impatience here, ive been a long term holder and the impatience has worn out so its just been accepted a sit and wait job for as long as it takes. biotech companies take a long time and realistically, avexa are almost there, due to get things really rolling early in 2010 so they have come a long long way.also the general market pullback will have an impact and avx have actually held up well so buying in now is not a silly investment, unless we do go back and test them march lows, fingers crossed we dont.
 
Re: AVX - Avexa Limited

Now we're just getting a whole bunch of sideways movement with the bid/ask prices floating around 10.5c - 11.5c, even though there are decent volumes being traded each day.

The huge boost in the ASX200 over the last couple of days has done nothing to budge the sideways movement, which might suggest that investors are feeling a little with the lack of news/announcements?
 
Re: AVX - Avexa Limited

just need these trials to take there course, i guess a lot of people
have run out of patience with them.

hang in there!
 
Re: AVX - Avexa Limited

Volume has been increasing steadily this week. Price seems to be steady at 11.5-12c.

ANyone else notice the trade just after 3pm for 3,000,000 shares @12c.

Hoping for news to be released soon for the critical 24 week stage for ATC phase III.
 
Re: AVX - Avexa Limited

I have had these for a long time now, and they have caused much psychological fingernail biting. Should I feel very concerned that they have stated they only have enough money to last them for approx 12 months??
 
Re: AVX - Avexa Limited

this is the time frame that brings them to the end of the atc trials, if
this all goes as planned no need for concern, that was what the recent
capital raising was about. like anything there is risk, but perhaps
a good chance of reward

jc
 
Re: AVX - Avexa Limited

How can you not trust someone with the initials JC ?!
I'm praying for a revival back to the halcyon days of $1.00 a share
 
Re: AVX - Avexa Limited

Not Rene said:
How can you not trust someone with the initials JC ?!
I'm praying for a revival back to the halcyon days of $1.00 a share
Click to expand...


well we can only pray for that !!!! time will tell us both

dont hold your breath in the short term though, going to take some time : )

jc
 
Re: AVX - Avexa Limited

have been holding avx since the glory days of early 07. its been a long and tough journey but i still believe in their story, however $1 seems a dream away from here.if they could even get to half that i would be happy
 
Re: AVX - Avexa Limited

Does anyone have idea when we can expect to hear about the ATC 24 week results?

It's been about 2 months since the release of the 12 week results.. so could we expect the 24 week results in another couple of months?
 
Re: AVX - Avexa Limited

Last report re Phase III trial was for the 16 week stage data, and the report was released to ASX on 04 June, 2009.

I felt same (ie should be some news) and thought another report re 24 week stage could be released imminently.

Sent email to Avexa yesterday requesting a timeframe for the next release to the ASX re Phase III (24 week data), but am yet to receive a reply.

Will post any info once received from Avexa.

Cheers!
 
Re: AVX - Avexa Limited


Gday Kevin,

did you manage to get a reply from avexa on the release date ? they are probably keeping in under there hat i guess

cheers

jc
 
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