Replies to post #383519 on Anavex Life Sciences Corp (AVXL)

[kevindenver]

"He has no intention of further dilution" I agree, but situations change and smart CEO's utilize equity in many different ways.

BTW, I never said $AVXL was going to the market for more cash, I simply gave my counter opinion to Investor2014's comments as to when I thought it could be a prudent time where a microcap biotech might raise funds.

I've been on the fringes of the investment banking public and private a long time and "intentions" can change quickly.

I'm very pleased with how $AVXL has been very prudent with the issuance of equity upon the best terms available to a microcap. Heck even the LPC deal was OK for the stage the company was at, at the time.