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Post# of 462568
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kevindenver

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kevindenver

Re: Investor2014 post# 383457

Tuesday, 11/15/2022 8:34:51 PM

Tuesday, November 15, 2022 8:34:51 PM

Post# of 462568
Wise CEO's raise funds via equity only when needed and market conditions are acceptable.

Funds are NOT currently needed nor are conditions good for equity financing.

AFTER successful P2b/3 results would be the most "prudent" time to raise funds.

It would be prudent for Anavex to raise more funds, through issuing and selling more shares, at least until the result of the P2b/3 trial is known.

Even if the results might now be known to Anavex as amazing, that knowledge will be fairly recent. Meanwhile, not raising funds would be irresponsible to the future of the company and shareholders.
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