Post by
the_ocotillo on Aug 29, 2013 7:31pm
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.
Comment by
dpunt32 on Aug 29, 2013 10:40pm
the Alberta renewal was keeping a lot of investors on the sidelines, despite the cash and value of covage more than supporting the value of the stock, now that the uncertainty of Alberta is gone it should cause investors to take a more serious look at Axia..as well given all that cash I would not be surprised if some activists get involved and force a dividend or a special divident