Replies to post #249774 on Anavex Life Sciences Corp (AVXL)

[attilathehunt]

What's your opinion on why Missling has not raised any money (sold shares) for the past 3 months? "

1). Cash coming in from other means:


a). a higher stock price due to PD readout
b) a partner deal of some type

[Investor2014]

But Anavex did sell since Dec 2019.

Balance Ending (in shares) at Dec. 31, 2019 57,080,356

Balance Ending (in shares) at Mar. 31, 2020 58,664,946

Sold during Q1 2020 = 1,584,590

A relatively small amount helped by:

Incentive and tax receivables 4,151,947.

[Franz1969]

What's your opinion on why Missling has not raised any money (sold shares) for the past 3 months?

This is a particularly good question, considering the stock was over $6 a few months ago. Wish I had the answer. I can guess though..... :-)

[F1ash]

What's your opinion on why Missling has not raised any money (sold shares) for the past 3 months?

Looks like he sold a million and a half shares to me.





For the three months ended March 31, 2020 and 2019



Balance, January 1, 2020 57,080,356

Shares issued under 2019 Purchase Agreement - -
Purchase shares 1,570,424
Balance, March 31, 2020 58,664,946

https://www.sec.gov/Archives/edgar/data/1314052/000173112220000447/e1894_10q.htm