Anavex Life Sciences Corp (AVXL)

[Gator328]

Generally speaking, this signals dilution. At some point it should end, and we'll know in a few months what the total damage was. I always try to base my models on a fully-diluted basis, because its inevitable Anavex doesn't hit 100mm shares. With the blank check preferred shares voters approved a few years ago, the 100m authorization becomes more or less moot though.