GREY:AVNDF - Post by User
Post by
MikeC16on Feb 12, 2013 2:28pm
244 Views
Post# 20976160
Merger may be only option...
Merger may be only option... If you are in a position such as I am, holding over 6000 shares at an average of 4.31$, this merger may be our only hope if Avenex wishes to continue on without Elbow River. Obviously this was our crown jewel and the only reason to hold Avf the last while. I have been in since the Avenir days.
The only good side of this is I also hold PKI, at $12.04, so I will still get my piece of Elbow River either way.
I am voting in favour (actually already have) and hoping for a pop and a sale so I can reinvest in something worth owning and recoup some of my loss.
Definitely not holding, obviously share holder happiness is not a priority here any longer .......