Anavex Life Sciences Corp (AVXL)

[Gator328]

But nobody would pay $5 for those excess shares today, right? So it’s impossible to make the claim that AVXL is undervalued. It’s worth whatever someone is willing to pay, and right now that price isn’t a dime over $2.50.

With more information the value will go up or down, but right now it’s unfair to say definitively that AVXL is over or underpriced.