News Focus
News Focus
Followers 36
Posts 11702
Boards Moderated 0
Alias Born 02/26/2016

Re: Phoenix64 post# 146014

Saturday, 03/31/2018 9:47:46 AM

Saturday, March 31, 2018 9:47:46 AM

Post# of 517167
What Floor do you actually anticipate?
Evidently Anavex does not NEED money for two years so
you wish to dilute further for what....holding cash?

A secondary certainly would have to equal or approximate
the LPC terms. Any doubt that LPC likely holds NO shares which they
originally purchased? Just assuming 10M shares @ $30M as the current
"floor" established by LPC lower limits, is cash on the
balance sheet that goes to pay LARGER compensation packages
(we after all don't need operational funds for a while)
means We may "own" our slice of that cash but only 75% of it?


That is a larger vig than ANY bookie can get.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AVXL News