Anavex Life Sciences Corp (AVXL)

[jimmy667]

That is why I said a sale through Cantor would be a negotiated price. No one would buy at the peak or close to it. If an big investor wanted to take a position that very day they would likely enter a MOC order or a LOC order on the open market. The best price the company could get for newly issued shares would be the vwap or else the closing price. But usually they are made at some MA price. Cantor would also need time to negotiate the deal unless they had a buyer ready that wanted to buy a peak price. (HaHa)