Replies to post #373201 on Anavex Life Sciences Corp (AVXL)

[georgejjl]

However, if Dr. Missling and others on his staff know material information (like the results of some of the trials) that is not public information, then it is illegal for any other them from buying AVXL stock until the information is made public.

Insiders can sell shares even when in possession of non-material,c’mon-disclosed information IF it is done through a 10b5-1 plan. A common reason for doing so is portfolio diversification. More info here: https://www.investopedia.com/terms/r/rule-10b5-1.asp

GOD bless,