Australian (ASX) Stock Market Forum

Re: AVX - Avexa Limited

Yeah the sp has definitely been on the up and up lately.

Perhaps an ann or something in the comming month?

Please correct me if I'm wrong but the chart kinda looks like a reverse head and shoulders to me.

Looking good though:)
 
Re: AVX - Avexa Limited

We have definitely reached position where we have at worst a potential breakout with this share having reached $0.755 today well above the resistance level of $0.70.
No need to post another graph on this thread as subscribers can rely on the earlier one which I posted last week.


Well I'm still speculating on this AVX as you know , rocket fuel science is showing this share is heading up to blue-skies.... apart from the specualtion,I must admit I'm miffed when to exit on this stock.
Patience and a steady mind is my main focus.......... but I guess everybody is bullish on the forthcoming announcement....:cool:
 
Re: AVX - Avexa Limited

Well 3 Views. It mebbe that we can ride this one to the moon as it has reached $0.82 this morning on good volume still with no news.

Whatever is driving this break out has got to be really good news.

I am surprised that ASX has not come a knocking with a price query/speeding ticket.
 
Re: AVX - Avexa Limited

stock pulled back to 75.5 c today. Hoping this will a slight pullback before pushing even higher. Will expect it to hold above 75c before pushing up if the uptrend continues.

Huntley have a price target of 1.20 1.70 with takeover likely over next 6 months. Hope they are right.
 
Re: AVX - Avexa Limited

Broker Tips section of today's Melbourne Sun Newspaper has a buy recommendation with a price target of $1.30 for this stock.

It suggests that AGM in 11/2007 should realise some solid announcements. Yesterday, based upon the sound fundamentals already announced, I doubled my position in this stock. For non-holders the time appears to now be right to consider investing.

Some analysts are also spruiking that all being well this stock will be taken over at slightly less than $2.
 
Re: AVX - Avexa Limited

GFS, thanks for the heads up on this.

I've been holding a while and considering topping up; as you say, now maybe the time. Good luck to all holders.
 
Re: AVX - Avexa Limited

The following daily charts shows a sustained increase in volume without any ann. To me this would appear to indicate that someone is quietly building a stakeholding in the coy...

AVX.gif
 
Re: AVX - Avexa Limited

....being one of my first investments into the market was Avexa and have not let me down

a takeover target for sure! Have heard from numerous sources that there is more good things to come....hopefully we can see some steady appreciation and more positive results from the phase III trials....
 
Re: AVX - Avexa Limited

Seems avx has fallen asleep these past few weeks. Lets hope something happens in the next week or two:banghead:
 
Re: AVX - Avexa Limited

AVX has AGM this coming Tuesday morning. I for one would be more than a little disappointed if the resulting announcements at the AGM do not result in the sp increasing well above the current sp and hopefully in the direction of $1.

In fact, it will be interesting to watch the volume & sp direction tomorrow in advance of the announcement.

I trust & hope that this post will not result in a ramping charge
 
AVX AGM

I agree. I note the volume on AVX recently has been very low which indicates everyone is simply waiting on the AGM and what announcements may be forthcoming. Considering the company has raised $75M for the phase 3 trials, anything other than an announcement of the start of the phase 3 trials will undoubtedly result in a slide backwards in the share price. On the positive side the company has been quiet of late with announcements, so Tuesday may see some positive news and a great opportunity for the company to announce the Phase 3 commencement which I guess would result in a significant re-rating upwards of the AVX share price.
 
Re: AVX - Avexa Limited

AGM notes confirm that Phase 3 testing is proceeding. May have to be a little patient with this share than I thought as the price today is down with the market, which I did not expect.
 
Re: AVX - Avexa Limited

I could be way off but I am predicting that the sp might start to slide down.

People just dont seem to want to hold onto these bio stocks when they have to wait so long for results (results which push the sp up)
I guess people think in the short term their money will do better elsewhere.

DYOR but I'm just having a punt based on my other bio stocks that are now waiting for 12-18months for their clinical trials to finish.

CUV for example.

Still...its great news for Avexa. I'm sure this product will hit the shelves for HIV sufferers in the future.
 
Re: AVX - Avexa Limited

does anyone know if there is any news on AVX today??

today's low now 0.515... nearly 20% fall already....
 
Re: AVX - Avexa Limited

Haven't seen any announcement. Back up to 0.565 at a little after 2pm.
Unless it's something we haven't been told yet, I'm not overly concerned yet. Company working toward Phase III trial, might just be some impatient holders.
 
Re: AVX - Avexa Limited

Also alot of holders would of now passed their 12 month holding and will be unloading after getting in at 20c (like i did etc)...

I will still hold this one long term though... seems way to much upside...

And ABN AMROs recently put out another buy on the stock at mid 50s.
 
Re: AVX - Avexa Limited

Also alot of holders would of now passed their 12 month holding and will be unloading after getting in at 20c (like i did etc)...

I will still hold this one long term though... seems way to much upside...

And ABN AMROs recently put out another buy on the stock at mid 50s.

Being in the medical field...once a drug is in stage III trial on the back of success at the IIB level....I am very confident that AVX is going to be ok....

I am surprised however, how well the stock has held up during this correction....

I too am holding on this one...but FYI

ABN...buy...target of 1.39 as of 7/1
Bell Potter...buy...target of 1.35 as of 27/11
Intersuisse...buy...target 87c as of 6/11
Aspect Huntley...buy..target 90c as of 30/11

I am sure the latter two will re-rate their target price as we now enter stage III trials
 
Re: AVX - Avexa Limited

I hold this stock too. Does anyone know (roughly) how long this phase III last for? The share price is frustrating but people will come back on it as the end of this phase approaches I would imagine :cool:
 
Re: AVX - Avexa Limited

I hold this stock too. Does anyone know (roughly) how long this phase III last for? The share price is frustrating but people will come back on it as the end of this phase approaches I would imagine :cool:

Andy..since they are going to give a higher dose medication in stage III..the dosing part of the trial is expected to go for 24 weeks..with the trial expected complete sometime in H12009....

The good thing about this is that previously.... all 34 out of 34 HIV drugs have passed stage III trials since 1989...the balance of probabilities is in our favour

I think the results from Stage IIB to be released sometime this quarter and also feedback from preliminary results from stage III, combined with the fact that this company may be a takeover target will support the share price...
as u can see the current shareprice..yes it has gone down but we are in a big correction at the moment...and its holding up better than I thought it would
 
Re: AVX - Avexa Limited

first stock i ever bought... on a tip from a mate when it was 27c. then got access to more at 20c... seen it up and down since then, but couldnt resist buying more yesterday at the absurd price of .38

I am long on this one all the way!
 
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