Replies to post #27225 on Anavex Life Sciences Corp (AVXL)

[JB3729]

If AVXL decides to sell shares to LP, and the sales price is higher than AVXL's share price on the day of the LP deal, then the funding is more than 100% efficient. Correct?

I think the beauty of the deal is that shares can be sold to LP all the way up to $40.00 a share.