Holy cow Sava has hit $74.50 today right now it is backed off to $69. Can’t wait for that kind of move with us. That is a $2.4 billion market. That would be approximately a $36 price per share for Anavex.
Funds will be rotating into biotech stocks over the next few months. There is a lot of uncertainty with the economy under Biden so funds will get defensive and move to biotech.
We should see $12 before end of month WITHOUT news due to this rotation.