Anavex Life Sciences Corp (AVXL)

[12x]

It’s been 14 weeks since EXCELLENCE completion. The clean-cut successful Rett TLR only needs 5-7 weeks: 7 weeks (Anavex RS-002) and trofinetide p3 5 weeks . As we are approaching the 17 week which was how long it took for Anavex to announce the “end point changed” RS-003 TLR, it’s increasingly likely EXCELLENCE is not a clean cut success.

As an investment, is it too late to sell at $6 knowing the SP short term floor is probably around $3 (cash + voucher)? Based on the current SP at $6, WS clearly thinks the chance of near term AD approval is 0% and Rett below 20%.