Replies to post #75021 on Anavex Life Sciences Corp (AVXL)

[bas2020]

Read the prospectus that reflects the purchase agreement...

It says that no more than 50k shares can be sold on any given transaction and no more frequent than every other business day...AND AT A MINIMUM PRICE OF $3.

The company has said, it does not intend to issue any of those shares in the near term, as they have enough funds to get them well into 2017.