Anavex Life Sciences Corp (AVXL)

[kevindenver]

This will give Anavex the flexibility to raise cash as needed without selling their soul to an investment Bank. This continues Dr.M's independence from Wall Street. Some people will view it positive some negative. When a capital partner has done well in the past, as LPC has, you keep the relationship going. LPC obviously finds no problem placing the shares.

Cantor Fitzgerald is probably pissy they didn't get the business hence their low price target. Investment bankers are a truly petty egoist bunch.