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k9uwa

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Re: LakeshoreLeo1953 post# 458703

Thursday, 05/09/2024 5:40:56 PM

Thursday, May 09, 2024 5:40:56 PM

Post# of 464003
"hold water with the auditors" perhaps a better explanation is. Anavex stated $150M at Year End. Good enough for a 4 year run. 150 / 16 = 9.375M per quarter. This statement is end of first quarter Mar30th 2024. 150 - 9.375 = 140.625M left in the band and we actually have 139M so quarter #1 they didn't spend quite as much as expected.

John k9uwa
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