Replies to post #237437 on Anavex Life Sciences Corp (AVXL)

[raja48185]

Raja48185, as I mentioned in my other post to ExtremelyBullishZig, I am not against company raising money and it will be a show of confidence for the upcoming activities lined up for this year. But, I think they would rather raise over 100 million (needed for the pipeline) with the right kind of NEWS.

I know what you mean and would rather sell 2 million shares for $10 each rather than give away 4 million at $5/share.

Question is do we wait for good news while being subject to the whims of the market and then raise money or do we raise some money now, allowing the news to later guide market forces.

Let us hope Missling does the right thing (with the right intent) based on his prior experience and current state of affairs at Anavex.