Replies to post #304664 on Anavex Life Sciences Corp (AVXL)

[Bourbon_on_my_cornflakes]

THE ANSWER IS: The only question is 50 to 100 percent of what price? $25, $50, $75, $100? That's all I'm saying.

100 percent premium over $1,249.

First $2,498 offer gets the company.


NOPE: Imagine if a $50 offer was turned down and the drug failed. Missling and the rest of the BOD would be in court for the rest of his life defending themselves against shareholder lawsuits.

No grounds for a suit. Management cannot know results of a trial.

However, imagine if a $50 offer was accepted and the drug turned out to be a huge success. Missling and the rest of the BOD would be in court for the rest of his life defending themselves against shareholder lawsuits. After all, it was their responsibility to see if the trial would be successful before selling.