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Re: TomP1 post# 106330

Saturday, 05/27/2017 4:45:18 AM

Saturday, May 27, 2017 4:45:18 AM

Post# of 459845
Anavex can only make LP buy a maximum of 50000 per trading day. So can not drop 5 mil on the market. It will take 20 weeks plus to get the 5 mil to the market. Likely will be sold into market as LP is forced to buy them. So over 20 weeks If Anavex sells as fast as they can. However Anavex may pick and choose when to sell to LP. Anavex might wait until price up or really need the cash. No current need for upfront cash so may withdraw from the ATM when needed as expenses are actually Incurred. Unless LP has buyer willing to pay more than market they will be sold on the market.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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