Anavex Life Sciences Corp (AVXL)

[Gator328]

A hostile takeover can also be an attempt to bypass management and issue a proxy tender directly to the shareholders. There's a pot stock right now that is trying to do it. The shareholders rejected the offer.

If a large company wanted to acquire Anavex, and Missling didn't want to sell, that company would do two things: 1) buy as many shares as possible on the open market -- which would drive the price up, and they'd also have to disclose this increase in holdings at some point. And 2) offer the shareholders a deal to sell their shares at a pre-determined price.

Either/or would result in considerable stock price increases, to which I wouldn't complain about nor would many here. If the offer is subpar, the shareholders can reject it.

If a company were to offer every shareholder $15 cash right now, I think that deal would have a decent chance of being accepted. So easy is relative in terms of price.

For those who have a cost average above, say $5, or those who think this will be a $10B company, they'd vote no.

For those wth an average price of $2.25, and traders, and those who aren't certain 273 will pass P3...anything over $10-$15 will be hard to turn down. I know I would vote to sell all my shares at $10 given what I know right now.