InvestorsHub Logo
Followers 24
Posts 511
Boards Moderated 0
Alias Born 07/29/2015

Re: RedShoulder post# 315673

Friday, 06/18/2021 9:05:35 PM

Friday, June 18, 2021 9:05:35 PM

Post# of 463825

...there is the weak spot IMO, for some Institutions with heavy holdings taking the fast buck.



Currently, institutions hold 26.73%. Without a substantial percentage of retail shareholders losing faith and rebelling against management, which I think is extremely unlikely, a hostile takeover attempt would be extremely expensive, especially with our anti-takeover provisions. Since most hostile takeover attempts fail, I think it is unlikely anyone will try.

I expect Skarpelos and Missling to remain in charge, and I won't sell anything as I wait for eventual dividend payments from Anavex. Once we're above ~$5B in market cap and Interactive Brokers starts allowing some margin against it, I may borrow cash (currently 1.6% to 0.75% interest rate) between then and the start of dividends.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AVXL News