Replies to post #156451 on Anavex Life Sciences Corp (AVXL)

[kevindenver]

Oh so true!

Folks are usually ok with dilution once the money is in the bank, it’s the “expected” dilution they hate imho.

LPC was too small to get the job done.
Cantor, boutique firms and associates will get the money moving.

My guess is now that first trial is starting the order of distribution will be, as usual, more institutions first, then higher end retail with bio risk tolerances as firm guidelines allow.

The SEC and FINRA rolled back fiduciary guidelines, so solicit away brokers!

[Jimbo50]

Yes good stuff

Canter acting as an agent for AVXL will sell shares into the secondary market and will recieve a commission to do so.
LPC acting as the principle for AVXL was purchasing AVXL shares from AVXL , becoming owners of the stock and then susequently selling into the secondary market making money on the spread

The ' spread will no longer end up in LPC 's pockets but now will be share capital for AVXL
RIGHT?

[Penny Double]

Missling did it again just like the NASDAQ up listing with the surprise attack!!! TOO EVERYONE!!!