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Re: LakeshoreLeo1953 post# 370741

Wednesday, 08/17/2022 10:46:25 AM

Wednesday, August 17, 2022 10:46:25 AM

Post# of 517548
If Anavex is around in 3 years, that will mean it has seen approval for at least one indication but likely 3 or more. The pps will have skyrocketed to some massive number, it possibly could have forward split and have 5 or more times the current O/S, you will be stinking rich and no doubt still complaining.

While my effective cost basis has declined with cash in the brokerage account,
I currently own fewer shares, at higher price(s), and less than 50%
of my previous ownership percentage.

Spec Bio is a perpetual cash raising Sector with unknown true deletion
until a viable product. Anavex is not there yet. Will the outstanding share
count remain below 120M by the time of approval? I think interesting
question for the next 3-5 years.


All my posts are my opinion only and shouldn’t be used for decisions regarding purchasing or selling.

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