Australian (ASX) Stock Market Forum

Re: AVX - Avexa Limited

I know their 48 week trial data should be released 1Q 08 - any idea when though... hopefully it doesnt coincide with another -100pt day for the ASX...
 
Re: AVX - Avexa Limited

I know i am replying to myself... but in all this doom and gloom AVX up 10% today... hopefully good news ahead RE the above... fingers crossed...
 
Re: AVX - Avexa Limited

You might be talking to yourself mate but I'm hearing ya:)

I always cast an eye over my stocks that i hold on ASF.

Its a real shame that the sp has fallen so far, but as i'm learning not all that suprising with Bio stocks as it takes so long for clinical trials and any news.

Perhaps this build up in the sp is the start of people comming in becasue of forthcomming news?

Though I reckon that 30+c is pretty cheap considering they are 99% of going to market with their AIDS drug.
 
Re: AVX - Avexa Limited

yeah, my portfolio is heavily weighted with this one... first stock i ever bought... the peoples champion...

Up 15% again today in early trade - hopefully are return of its rightful place around .60c... ABN AMROs has had a buy out on this for quite a while, and even FAT PROPHETS like it - so i am quietly confident... provided none of the trial participants grow an extra leg or something! haha :D
 
Re: AVX - Avexa Limited

AVX replied me that they will release an announcement in regard to the phase 3 test in the last week this month. around 24 Mar. However I sold all my avx today. I expected a fall in the coming weeks. I'll buy in at that time
 
Re: AVX - Avexa Limited

AVX replied me that they will release an announcement in regard to the phase 3 test in the last week this month. around 24 Mar. However I sold all my avx today. I expected a fall in the coming weeks. I'll buy in at that time

Phase 3 or the full data for phase 2b? I thought the phase 2b full results were due this month?.................................
 
Re: AVX - Avexa Limited

It will be interesting to see if that announcement is indeed made in the last week of this month or earlier. Judging by the rise in sp over the last 2 days it looks like their might be a bit of insider stuff going on?
 
Re: AVX - Avexa Limited

I don't know why but it seems my posts are getting deleted randomly?

Anyway if I have done something wrong please let me know as all I was trying to say is this share appears to be uptrending and could a technical trader shed some light?
 
Re: AVX - Avexa Limited

Today was a nice day, I love the fact this share can recover so quickly. I make a lot more than :2twocents
 
Re: AVX - Avexa Limited

Bought some more today. I'm just hoping for a recovery in the DOW overnight because AVX is very sensitive at the moment. Large number of buyers are stacking up which makes me think, especially given some recent rises, that interest is returning. If history is any guide, this boy can really fly with some good news. I topped up today, albeit with a pretty tight stop. I think the 'reward' with this one makes it a serious contender. DYOR :2twocents
 
Re: AVX - Avexa Limited

Could be very good timing with your buy!

AVX in trading halt this morning pending release of 48 wk Phase II trial data.

here we go... all aboard the AVX rollercoaster!!!
 
Re: AVX - Avexa Limited

This is bull****!! Results are unreal... was going to open up 10% but then a rush a people selling out huge parcels... WTF??
 
Re: AVX - Avexa Limited

Yeah sold as low as .40????

Results were sensational... its not like they had already been factored in?

Has to be a massive takeover target now...
 
Re: AVX - Avexa Limited

What astounds me, time and time again, with any company you wish to name, is that people fail to understand and use market depth to their advantage. Why on earth would you stack the sellers side with your huge sell order if you wanted to get out?? Who in their right mind would flood supply when trying to get a higher price?? It beggars belief. I NEVER put sell or buy orders to market until the price I want is the current offer or bid. Why queue up and reveal your intentions to the market? All it does is drive the buying/selling pressure in the opposite direction. Madness.....
 
Re: AVX - Avexa Limited

I too share your angst about people not paying attention to market depth. As we speak AED has a sell orders at 194 of about 280K. Total buy orders (at any price sub 194) is about 350K. If I was suspicious I'd think it was market manipulation ...
 
Re: AVX - Avexa Limited

Yep they sounded like awesome results to me too and I was amazed to see all the sell orders lined up:confused:

Doesn't seem right does it.
I mean its still trading below the rights issue from last year of 52c i think it was.
If i were a bigger fish and someone threw the "takeover" word around, i'd certainly have a close look at AVX.
They have a drug that WILL go to market.

Its fustrating considering I bought in at a rather high price to take advantage of the rights issue...and the sp cant even make it to .52c on a day like today with a fab ann:confused:

Perhaps people will see the error of their ways tomorrow and rush in with buy orders:)
 
Re: AVX - Avexa Limited

It's certainly frustrating waiting for SP to return to where you bought at.. I have experienced that on more than a few occassions lol, but not with this one thanks to some averaging down I did when they were around the 35c mark. Hang in there... they'll come back.

Perplexed about the mass exodus though.... not sure what those sellers were in for anyway!?!
 
Re: AVX - Avexa Limited

Perhaps alot of people knowing that this is the last "good news" for a while... so with the market the way it is, it is bound to bounce between .45 and .35...

My average .32 - but I too was much happier when it was up around .6 and .7

Long term this one is a doosey, but yeah - be prepared for lots of ups and downs along the way...
 
Re: AVX - Avexa Limited

Read this story on Bloomberg
http://www.bloomberg.com/apps/news?pid=20601081&sid=afeSIETHqhkI&refer=australia

Part reads
We can safely say we've got a drug here,'' said Scott Power, a health-care analyst at ABN Amro Morgans Ltd. in Brisbane. He rates the stock a ``buy'' and expects it to reach 92 cents within 12 months

Not sure about the last bit of story though as someone else is quoted saying
"The size of the dose and the number of pills -- patients in the study took apricitabine in two capsules twice daily -- may be a challenge in a market where patient preference is to simplification,''.
Personally I thought the patients preference is to stay alive...
 
Re: AVX - Avexa Limited

I was offended by today's performance. The news was fantastic, the market shot up and then these wan*ers suppress the price. Anyway, some good news for those sensible holders among us-

From a historical perspective, all HIV drugs that have reached Stage III have gone on to commercial release- TICK. Should AVX follow suit, it will well positioned to gain access to the lucrative HIV market, which totalled 7 billion last year alone - takeover anyone?

Avexa recently joined forces with Monogram Biosciences to provide HIV resistance and tropism testing technology

Patience my friends, it may be well worth the wait :cool:
 
Top