Anavex Life Sciences Corp (AVXL)

[Steady_T]

I think your use of the word dilutive is misapplied.

Anavex is a pre revenue company. Its only source of funding is shares sales. That is what the capital market is for.

For me the term dilutive means that there is no value returned for the shares sold. If there is value obtained for the shares being sold then I don't see that as dilutive, I see that as an appropriate use of company assets and shareholders money.

Currently the shares sold are being used to develop drugs that when approved will generate significant shareholder value.

If the shares being sold increase the overall value of the company is that dilutive or is that increasing the value of the shares?

Right now the share price isn't very good. If it stays that way long into the future it will be because the company has failed not because shares were sold increasing the OS. If the company gets 2-73 approved the share price will be significantly higher than any decrease due to the impact of selling the shares that got the company to the point of generating revenues.