June 7th, 2010.....I think June 7th, 2010 was the last time this stock traded at $2 a share. The last time it traded over $2 for extended periods of time was 2008. It seems with recent events and brightening prospects in France that Axia might finally be waking up from a long, long slumber.
I am hoping for $2.50 a share in November after great 3Q results are released (and if the Singapore and Xarxa asset disposals are complete by then). Would love to see $20m of EBITDA from France this year. Will be interesting to see what Axia will do with some of the cash, my guess is that they will expand in France, which might piss people off. (But less so if they can continue the positive trend with Covage over the coming quarters).
Seems like there are lots of positives to look forward here. Finally.