Replies to post #350776 on Anavex Life Sciences Corp (AVXL)

[jta1980]

Yes, that was a great tactic used by Charles to get more info- unfortunately it was thwarted. He knew that Missling would be tight lipped so why not try an easier target.

[FitzyP33]

This was a very simple question that any CFO should be able to answer and Missling should have let her. It's simple math $150 / $2.5 = 60 months =
5 years. Wow that was hard.

So, what are left with? Sandra doesn't believe in the nuances because Missling always dilutes every quarter (including Q1 the other day), she disagrees with saying 5 years when everyone knows if anything is approved the cash won't last 5 years which actually could be a good thing depending how fast Missling can get to CF positive. He's got to hire a sales force, contract with a manufacturer and so forth - just don't know how big the upfront check will be before revenue starts coming. She may not be a strategic thinker and given she's more or less a bean counter probably is very linear and can't frame nuances the way Missling can and he didn't trust her to do so.

But, what the heck do I know.