Anavex Life Sciences Corp (AVXL)

[tootalljones]

approximately 1.56%
Originally Answered: A coin is tossed six times, what is the probability of getting heads. What do you mean by “heads?” Getting 6 heads? The probability is (1/2)^6 = 1/64, or approximately 1.56%

Rett Trial was 6 for 6. We get these results any time now. Promised for this Q4, as in now.

Remember too the trial was heavily oversubscribed, suggesting (to me at least), that there is strong prospect for accessing rett sufferers as eventual patients. Results were promised in the 3rd Quarter.

if you don't like 1.56 odds then you need to be in bonds or cash, not the stock market. I would presume that they might go to FDA and request Quick emergency approval as well. Why not, right? The thing is safe as aspirin right?

based on what this poster below has written, how can the market cap stay this low based on this indication alone.....let's just say he is half wrong, so what! That means he is half right, a lot of potential dough not that far away.....fully justifies -- obviously-- much larger cap alone imho.

What if he is completely right?

did not know this....so i can see the excitement coming
from bigBIOboom on stocktwits:


bigBIOboom
Bullish
11/8/20, 10:45 AM
$AVXL
rare diseases. . Fabrazyme sells nearly 1 billion.(US) Fabry disease has about 5000 patients. Rett has 11,000 patients. Rare disease drugs are big money! So I assume rett indication can make about 1 billion annually. Easily.