Replies to post #156736 on Anavex Life Sciences Corp (AVXL)

[XenaLives]

The shares are issued, given to Cantor Fitzgerald to sell, and then they get the best price they can so their 3% commission is as large as possible.

Yes they would "wait for 2 days" to sell them.

The question remains, is there more news coming that would raise the price even higher? If so C.F. and Missling are market savvy enough to come up with a plan.

This makes no sense:

So the co knew good news was coming and they still went for issuing such large shares at lowest price?
Why wouldn’t they wait for 2 days and issue new shares at higher prices?

So it is kind of insider info being used by company to give benefits to early investors.

[F1ash]

So the co knew good news was coming and they still went for issuing such large shares at lowest price?
Why wouldn’t they wait for 2 days and issue new shares at higher prices

To be clear. It’s just a theory, but under that theory they would not have had to issue shares at prices from July 2. It would have been prices from the 3rd.

“07/03/2018 3.82 9,091,112

https://charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-75-03NA000000AVXL-&SF:1%7C5-BG=FFFFFF-BT=0-HT=395--XTBL-

Now today they can benefit from the new trial start as well.

You should be well aware of the pitfalls of running low on capital from the deal Innovation was forced to make when they were low on capital.