Replies to post #162178 on Anavex Life Sciences Corp (AVXL)

[Investor2014]

Anavex may still have the LPC facility, but if so unlikely they will be drawing further on it. I would think the Cantor ATM is effectively a replacement.

[poguemahone]

You can call it LPC or ATM, but when I worked in Corporate Finance we called it OPM (Other People’s Money). Back in the days of Cable Television, often stock and/or bonds were issued at near junk status to build cable infrastructure. Eventually revenues were generated through bundled services (TV, internet, phone) to pay off these investors/bondholders.

Missling has to get these trials started sooner than later, otherwise the prospect of revenue generation gets pushed well into the future. The time value of money places a higher discount rate towards money further into the future. Thus, the languishing stock price.

[WolfofMia]

On point!