The time for voting (on the merger) cut off is fast approaching.(by 9/3)
Since the announcement of the proposed merger:
PGL down 11% (including going ex buy back rights)
AVX down 34%
On current market price for AVX ,AVX shareholders should get 1 Progen share for ever 19.285 AVX shares held. (merger deal is at 12.587)
AVX shareholders are now 53% better off in share allocation than at 22/12/08. (At PGL shareholders cost)
Check out market depth of AVX; sellers are lining up so price could fall more!
PGL IS NOT A CHARITY!!
VOTE NO for the merger VOTE NO for the merger
VOTE NO for the merger VOTE NO for the merger
The time for voting (on the merger) cut off is fast...
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