Anavex Life Sciences Corp (AVXL)

[BelizeBeachTrader]

A successful P3 and this is a 5 billion MC / $35 SP fully diluted all day every day. The FDA success rate for P3 is 50%.......so 500 million MC / $3.5 is 10 to 1 on your money on a coin flip. That's bet any gambler would take. This space is a graveyard of failure so who really knows what Mr. Market will be thinking.
Currently P2 success rate is 25% range, our diluted MC now is about 80 million +/-......So $3.5 from 0.52 is 6.7 to 1 on a 25% chance. Or consider the 5 billion MC from here is 62 to 1 on a 0.25 x 0.50 = 0.125......12.5% chance of 62 times your money.
None of this takes any fundamentals in to account just average BIO success odds.
I consider AVXL to be much better than average based on fantastic management and current fundamentals, adjust the success average up for your risk/reward for this one.
Only each investor can determine their risk/reward/amount.
Good luck to all