Anavex Life Sciences Corp (AVXL)

[attilathehunt]

I believe the raise is twofold...


1). We are going RETT alone (most likely approval early 2024), so there will be funds needed to get the ball rolling. In fact, the ball has started to roll (i.e. recent new hires). TGD likes to maintain a hefty cash balance. As expenses increase, so will his appetite to increase the hoard. Remember we are going it alone on rare diseases so once RETT is approved, others will shorty follow, which will require money.

2). I'm slowly leaning toward a P4 (vs. outright approval) for AD and thus the case to raise cash. Most likely will be announced after RETT data in July. Remember a P4 will cost big dollars to monitor everyone prescribed!!!!

There will be another run (as high as 30+) very very soon, so IMO, TGD will raise then. Also keep in mind most here, when calculating share price, anticipate shares increasing. This recent LPC is just one of them.

Now that RETT is over, expect anecdotal news to start appearing more frequently.

All is good!!! We shall see 13 by end of week...Just watch!