My bias advice is to get your money out now while you can. Save your time and money with this mob. A few years back they had over $20m in the bank and look where we are today. They should have listened to the former chairman. I'm down 99.5% and looking forward to my $200 odd payment, if I do nothing with the forms they recently sent out.
I don't think there's been a positive overcome from decision by the board or management over the past few years. And you have to consider what the medium term prospects of this company are. I hope I'm wrong but surely there are better companies around to have a punt with.
AVX Price at posting:
2.6¢ Sentiment: None Disclosure: Held