Replies to post #369368 on Anavex Life Sciences Corp (AVXL)

[crescentmotor]

I don't know that Rett alone warrants an $8B valuation

It doesn't--maybe $2.5 billion or $40/share before approval and $5 billion after FDA approval.

[ignatiusrielly35]

I used Missling’s estimated Rett revenue range of $2-$5 billion. Feel free to choose a revenue and do the math. The bottom line is, with Rett approval and nothing else the stock is worth 5-10x the current price. I view that as an insurance policy of sorts.