Anavex Life Sciences Corp (AVXL)

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I think the Preferreds not going through by a small margin is making things more difficult. A deal on a non-voting stake would have made a nice safe "instant" slot for a potential partner that is actually interested in a win-win and not trying to take over.

Now any licensing deal is more likely to involve a lot of hard bargaining over a longer time frame since it puts the potential licensee in more of an adversarial position. (Or so one might theorize.)

Maybe another vote will be tried again at some point...