Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Avnet Inc V.AVT


Primary Symbol: AVT

Technology
Avnet, Inc. is a global electronic component technology distributor and solutions provider. It markets, sells, and distributes electronic components from electronic component manufacturers, including semiconductors, interconnect, passive and electromechanical components, and other integrated and embedded components. Its primary operating groups include Electronic Components (EC) and Farnell. EC serves a variety of markets ranging from industrial to automotive to defense and aerospace. EC offers an array of customer support options throughout the entire product lifecycle, including turnkey and customized design, supply chain, programming, logistics and post-sales services. The Farnell operating group primarily supports lower-volume customers and distributes a portfolio of kits, tools, electronic components, industrial automation components, and test and measurement products to both engineers and entrepreneurs, through an e-commerce channel. It also distributes new product introductions.


NDAQ:AVT - Post by User

Avnet Inc > Discussion
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by jphon Nov 05, 2013 1:23pm
183 Views
Post# 21877994

RE:RE:RE:RE:RE:RE:Discussion

RE:RE:RE:RE:RE:RE:Discussion
A few points...
1) The koreans did not walk away - they still own 12% of Avanti Shares and will be putting more in when the time comes.
2) They have the 50% offtake lined up with TK.
3) RCF owns 37% at an average price around 17 cents. We will owe them 80 million once we getthe financing. This will precude them getting all those shares at 5.5 cents.
4) The price is going up once the financing is announced and permits finalized. If it goes to 20 cents and they do a 10 to one roll back - we will be a 2 dollar stock. Then the rights offerring. If you don't excersice your right - RCF will - or your share is appreciating due to the attached Rights.

Everything is looking very good - considering the market out there. the delayed timeline is due to the permitting - not the management.
 
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities