Replies to post #402089 on Anavex Life Sciences Corp (AVXL)

[raja48185]

Since they have 140mm in the bank now I suspect he wouldn't until share price exceeds 50 dollars.

Chances are that, when the share price exceeds 50 dollars, they will have enough revenue/profit coming in that would preempt the need for raising capital.

[LakeshoreLeo1953]

Puzzle me this....

IF the current burn rate WILL rise in part at least by added staff
let alone trial(s) expense

How long does $140M last while considering lead time to raise?