Anavex Life Sciences Corp (AVXL)

[Bourbon_on_my_cornflakes]

Excellent financial mgt by Dr. M!!!


INCREASE IN CASH
Cash and cash equivalents of $47.6 million as of today and $29.2 million at September 30, 2020, compared to $22.2 million at September 30, 2019.

COSTS UNDER CONTROL
Net loss of $26.3 million, compared to net loss of $26.3 million.

So despite all the trials, costs are under tight control. Dr. M spends the shareholders' money like it is coming out of his own pocket.

And the runup allowed us to more than double the cash position from a year ago with minimal dilution. We are solidly funded and prepared for bigger things.

Super job, Dr. M!