Replies to post #76234 on Anavex Life Sciences Corp (AVXL)

[ExtremelyBullishZig]

Is this saying that they received options to buy it the converted them and purchased the shares at 3.28?

[plexrec]

where do you find this info ?? TIA

[bas2020]

Missling just received 500k options and several others received 100k, each, with a strike price of $3.25. They already renewed Missling's contract in July, along with stock options with strike prices of 6.25 and 7.05. This appears to be additional, likely tied to performance. It might just be YE bonus options, but don't those usually come AFTER year end (after Sept)? The question is, what milestones did they accomplish? Was it just drug development (trials, etc.) or might it include a partnership? Why now, before YE? Seems they could have waited until next month, unless they wanted to issue them while the price is low, and before some material news. We should know soon...